Which of the Following Takeover Defenses Is Also Known as a Shareholder

question 41

Multiple Choice

Which of the following takeover defenses is also known as a shareholder rights plan?

• A)poison pill
• B)blank check
• C)supermajority voting
• D)greenmail

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Definitions:

Public Records

Documents or pieces of information that are not considered confidential and are stored by public agencies, accessible by the general public.

Title Insurance

A form of insurance that protects against financial loss from defects in title to real property and from the invalidity or unenforceability of mortgage loans.

Recorded Deed

A deed that has been officially entered into the public records, ensuring its validity and informing interested parties of the transfer of property rights.

Profit

An interest in land giving a person the right to enter land owned by another and remove natural resources (e.g., timber) from the land. Also called profit à prendre.