Which of the Following Is Provided by the Delaware Antitakeover

question 8

Multiple Choice

Which of the following is provided by the Delaware antitakeover statute?

• A) An acquirer of a Delaware corporation cannot complete a merger with the acquired corporation unless it receives an affirmative vote from at least 35 percent shareholders of the acquired corporation.
• B) An acquirer of a Delaware corporation located outside Delaware cannot complete a merger with the acquired corporation until it has operated in Delaware for three years.
• C) An acquirer of a Delaware corporation must be incorporated in the state of Delaware or have its principal office in the state of Delaware.
• D) An acquirer of a Delaware corporation cannot complete a merger with the acquired corporation for three years after purchasing 15 percent or more of the Delaware corporation's shares.

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Definitions:

Dermis

The thick layer of living tissue below the epidermis which forms the true skin, containing sweat glands, hair follicles, and connective tissue.

Hypodermis

The innermost layer of skin, consisting of fat and connective tissues that provide insulation and cushioning to the body.

Lamellated Corpuscle

A type of nerve ending in the skin that is sensitive to pressure and vibration, also known as Pacinian corpuscles.

Hair Follicle

A hair follicle is a dynamic skin organ that produces hair through a cycle of growth and rest phases, embedded within the dermal layer of the skin.