A Short-Form Merger

question 16

Multiple Choice

A short-form merger:

• A) is not a merger at all but a form of consolidation.
• B) may be undertaken without director approval.
• C) allows no appraisal rights for the parent's minority shareholders.
• D) requires shareholder approval.

---

Definitions:

Left- or Right-handedness

The natural preference of using one hand over the other for tasks and activities, a trait found in the majority of the human population.

Medicines

Substances or preparations used in treating or preventing diseases; pharmaceutical drugs.

Animal Safety

The practices and guidelines in place to ensure the welfare and humane treatment of animals, particularly in research, testing, and domestic care.

Tooth Decay

The destruction of the tooth's enamel, often caused by the buildup of plaque and bacteria, leading to cavities and dental caries.