A Hostile Takeover Is a Situation in Which

question 49

Multiple Choice

A hostile takeover is a situation in which

• A) the management and board of directors of the targeted firm disapprove of the proposed merger.
• B) stockholders are paid a golden parachute.
• C) the targeted firm is dismantled to avoid the merger.
• D) the government makes the decision that the corporate raider can purchase the targeted firm.
• E) the corporate raider receives a sum of money to leave the targeted firm alone.

---

Definitions:

Tenancy At Will

A rental agreement in which either the landlord or tenant can terminate the lease at any time with reasonable notice, without a fixed term.

Indefinite Period

A duration without a specified end date, often used in contracts or agreements to denote an ongoing arrangement.

Periodic Tenancy

The tenancy that exists when the landlordand tenant agree that rent will be paid in regular successive intervals until notice to terminate is given but do not agree on a specific duration of the lease. A typical periodic tenancy is atenancy from month to month.

Month-To-Month Lease

A rental agreement that renews each month automatically until either the tenant or landlord provides notice to terminate.