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Jay and Jackie Are Opening a New Business and Need

question 176

Multiple Choice

Jay and Jackie are opening a new business and need to hire several employees. They decide to give the prospective employees an intelligence test but can't decide what it is they want to measure. Jay thinks they should find out how much the prospective employees already know. But Jackie thinks that the person's ability to learn new things is more important for their new business. Based on their intentions to measure different aspects, Jay should use a(n) ___________ test and Jackie should use a(n) ____________ test.


Definitions:

Short-Form Merger

A merger process requiring less formal procedure, often used when a parent company merges with a subsidiary.

Shareholders

Individuals or entities that own shares in a corporation, giving them partial ownership and certain rights within the company.

Share Exchange

A process in which some or all of the shares of one corporation are exchanged for some or all of the shares of another corporation, and both corporations continue to exist.

Holding Company

A company whose business activity is holding shares in another company.

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