Which One of the Following Statements Correctly Defines Demutualisation

question 9

Multiple Choice

Which one of the following statements correctly defines demutualisation?

• A)The demutualisation consists of a mutual building society converting into a stock corporation and floating on the stock exchange.
• B)This concerns the change in control from the situation where the firm is mutually controlled by many small shareholders to the situation where the firm is controlled by a large shareholder.
• C)Both of the above are correct.
• D)None of the above.

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Definitions:

Eighteenth-Century New York

A period marking New York's development from a small colonial outpost to a significant urban center in the 1700s.

Hudson Valley

A geographical area in New York State, known for its history, natural beauty, and as a significant site during the American Revolutionary War.

Enslaved People

Individuals who are forced into servitude against their will, deprived of personal freedom, and compelled to work without rightful compensation.

Cash Crop

A crop grown for its commercial value rather than for use by the grower.