An Unconscionable Transaction Is

question 76

Multiple Choice

An unconscionable transaction is

• A)an agreement that is induced only by fraud.
• B)an agreement that is induced only by pressure.
• C)an agreement no fair-minded person would ever accept.
• D)an agreement no right-minded person would ever offer.
• E)unenforceable.

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Definitions:

Cost of Issuing Shares

Expenses incurred by a company to issue new shares, including legal, accounting, and underwriting fees, affecting the net proceeds from the equity offering.

Goodwill

An intangible asset that arises when a buyer acquires an existing business, representing the premium paid over the fair value of the identifiable assets and liabilities.

Fair Market Value

The price at which an asset would trade in a competitive auction setting.

Business Combination

A transaction or event in which an acquirer gains control over one or more businesses.