Which of the Following Statements Best Describes a Bootstrap Acquisition

question 11

Multiple Choice

Which of the following statements best describes a bootstrap acquisition?

• A)The shareholder sells part of his or her stock to a purchaser and then the corporation redeems the original shareholder's remaining stock.
• B)The shareholder sells his stock in exchange for cash and debt.
• C)The shareholder exchanges his stock for stock of a different corporation.
• D)none of the above

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Definitions:

Respectfully

Describes an approach or manner that shows esteem or deference towards others.

Budgets

Financial plans that estimate revenue and expenses over a specified future period, used by organizations, governments, and individuals to manage money.

Points Of Control

Strategic locations within a system or process where changes can be applied to influence outcomes or manage flow.

Estimates

are approximations or educated guesses regarding a particular quantity, cost, or measurement, often used in planning and forecasting.