Once an Offer Has Been Made, the Offeree Can Terminate

question 291

Multiple Choice

Once an offer has been made, the offeree can terminate the offer by:

• A) accepting it
• B) rationalizing it
• C) rescinding it
• D) returning it
• E) none of the other choices are correct

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Definitions:

Merging Company

A company involved in a merger, where two or more companies combine to form a new entity or one is absorbed into another.

Hostile Takeovers

A strategy where a company or investor attempts to gain control of another company without the consent of the target company's management.

Management

The process of planning, organizing, leading, and controlling resources to achieve specific goals within an organization.

Target Corporation

A large retail company headquartered in the United States, known for offering a wide range of consumer goods, from clothing to home furnishings.