____ Are Not Barriers to Corporate Control to Eliminate Agency

question 24

Multiple Choice

____ are not barriers to corporate control to eliminate agency problems. ​

• A)Leveraged buyouts
• B)Antitakeover amendments
• C)Poison pills
• D)Golden parachutes

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Definitions:

Rescind

To revoke, cancel, or annul a contract or agreement, typically due to the discovery of errors or fraud.

Innocent Misrepresentation

A false statement made by one party to another without knowledge of its falsity, not intended to deceive, but which leads the other party to enter into a contract or agreement.

Damages

Monetary compensation awarded by a court to a person who has suffered loss or harm due to the unlawful act or negligence of another.

Nondisclosure

An agreement in which parties agree not to reveal information covered by the agreement.