A Short-Form Merger

question 29

Multiple Choice

A short-form merger:

• A) is not a merger at all but a form of consolidation.
• B) may be undertaken without director approval.
• C) allows no appraisal rights for the parent's minority shareholders.
• D) requires shareholder approval.

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Definitions:

Extended Family

A family structure that extends beyond the nuclear family, including grandparents, aunts, uncles, and other relatives.

Blended Family

A family consisting of a couple and their children from this and all previous relationships.

Scapegoat

An individual or group blamed for wrongs that they haven't committed, often as a way of deflecting blame from the responsible party.

Mascot

A person, animal, or object adopted by a group as a symbolic figure meant to bring luck or represent the group's identity.