Which of the Following Is a Common Result of a Hostile

question 18

Multiple Choice

Which of the following is a common result of a hostile takeover of a company?

• A) The new owner sells the company in pieces.
• B) The new owner keeps the company intact.
• C) The new owner keeps the board of directors of the company the same.
• D) The new owner enhances the reputations of the company's management.

---

Definitions:

Family Farmer

A designation used in bankruptcy law for a farmer or fisherman with regular annual income that allows them to adjust debts under Chapter 12.

Debt Cap

A limit set on the amount of debt that an organization or government may incur.

Congress

The national legislative body of the United States, consisting of the Senate and the House of Representatives.

Chapter 13

A form of bankruptcy in the United States that allows individuals with a regular income to develop a plan to repay all or part of their debts.