When Shareholders Attempt to Garner Additional Votes in an Attempt

question 33

Multiple Choice

When shareholders attempt to garner additional votes in an attempt to oust management, it is called a:

• A)Management buyout.
• B)Tender offer.
• C)Proxy contest.
• D)Poison pill.

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Definitions:

Unauthorized Agent

An individual who acts on behalf of another party without having been given the legal or official authority to do so.

Breach Of Warranty

The violation of a promise, assertion, or guarantee made regarding the quality or nature of a product.

Transferee

A person or entity to whom rights or property is legally transferred.

Transferor

An individual or entity that transfers rights or property to another, typically as part of a sale or agreement.