Which of the Following Is True About Acquisitions of Domestic

question 50

Multiple Choice

Which of the following is true about acquisitions of domestic and foreign corporations?

• A) Acquisitions between domestic corporations are very different from acquisitions between corporations from different states.
• B) Acquisitions between domestic corporations and acquisitions between foreign corporations are governed by federal law.
• C) Acquisitions between domestic corporations and acquisitions between foreign corporations are governed by the same law.
• D) Though there are some minor differences in procedure, acquisitions between domestic corporations are very similar acquisitions between corporations from different states.,
• E) Federal statutes govern all mergers and consolidations.

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Definitions:

General Motors

An American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets, and distributes vehicles and vehicle parts.

Electric Car

A vehicle that is propelled by one or more electric motors, using energy typically stored in rechargeable batteries.

American Economy

The economic system of the United States, characterized by mixed economy principles, including private enterprise alongside government regulation.

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