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The Golden Parachute Is Used to Discourage a Takeover of the Firm,because

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The Golden Parachute is used to discourage a takeover of the firm,because the cost of the takeover becomes much higher due to the high payout to these executives.


Definitions:

Side Chain

A group of atoms attached to the main part of a molecule and having a composition and structure independent of the molecule's primary structure.

Amino Acid

Organic compounds containing an amine (-NH2) and a carboxyl (-COOH) functional group, along with a side chain; they are the building blocks of proteins.

Complete Proteins

Proteins that contain all nine essential amino acids necessary for the dietary needs of humans.

Side Chain

The part of an organic molecule that is attached to the main chain (or backbone) of the molecule, which can influence the molecule's properties and reactivity.

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