Which Group Most Consistently Benefits from the Process of One

question 31

Multiple Choice

Which group most consistently benefits from the process of one business acquiring another business?

• A) The shareholders of the company being taken over.
• B) The shareholders of the bidding company.
• C) The senior managers of the company being taken over.
• D) The senior managers of the bidding company.
• E) The customers/clients of the bidding company.

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Definitions:

Testator

A person who has made a will, especially one that is legally valid.

Incomplete Disposition

The failure to fully deal with or dispose of an asset or a legal matter.

Trust Property

Refers to assets held in a trust, managed by a trustee on behalf of the beneficiaries of the trust according to the terms of the trust agreement.

Resulting Trust

A trust that is implied by law to effectuate the presumed intention of the parties involved, often arising when a property transfer does not fit the characteristics of an express trust.