Which of the Following Is True About the Williams Act

question 63

Multiple Choice

Which of the following is true about the Williams Act?

• A)It regulates tender offers only when the bidder intends to hold at least 2 percent of the subject company's shares.
• B)It requires bidders to solicit shares from at least 100 shareholders.
• C)It does not permit tendering shareholders to withdraw their tendered shares.
• D)The aim of the Williams Act is to protect investors and to give the bidder and the subject company equal opportunities to present their cases to the shareholder.

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Definitions:

Full Term

Refers to a pregnancy that reaches completion, typically around 39 to 40 weeks, leading to the birth of a baby.

Period Of The Zygote

Approximately a 2-week period from the time of fertilization of a human ovum by a sperm to the time of implantation in the uterine wall.

Period Of The Fetus

Lasting from the ninth week of gestation until birth, the time of rapid growth and further differentiation when the reproductive system forms, gains in body weight occur, and the brain and nervous system continue to develop.

Chromosomes

Structures made of DNA and proteins that contain the genetic information of an organism.