Examlex
Which of the following statements is correct? Assume everything else equal.
Scienter
A legal term used to refer to a party's knowledge of the wrongfulness or fraudulent nature of their actions.
Williams Act
A subset of the Securities Exchange Act of 1934, regulating tender offers and requiring disclosure of information by anyone seeking to acquire more than 5% of a company's securities.
Tender Offers
Public, open proposals by a party to purchase a substantial portion of a company’s shares or bonds from its shareholders or bondholders.
Consent Orders
Legal agreements approved by a judge that resolve disputes without admitting guilt or fault by either party, often used in regulatory settlements.
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