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Title Is the Legal Ownership of a Good and Does

question 28

True/False

Title is the legal ownership of a good and does not require possession.


Definitions:

Target Firm

A company that has been identified as a potential acquisition target by another company or investor.

Equity Carve-Out

The sale of stock in a wholly owned subsidiary via an IPO.

Initial Public Offering

The first sale of stock by a private company to the public, marking a transition from a private to a publicly traded company.

Wholly Owned Subsidiary

A company whose entire stock is held by another company.

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