Examlex
Which of these statements about team norms is FALSE?
Holding Company
A company whose business activity is holding shares in another company.
Boards of Directors
Governing bodies elected by shareholders to make major decisions regarding a corporation's affairs, including setting strategies and overall management oversight.
Merger
The combination of two or more companies into a single legal entity, typically with the goal of achieving operational synergies or strategic advantages.
Appraisal Right
The right of a dissenting shareholder, if he or she objects to an extraordinary transaction of the corporation (such as a merger or consolidation), to have his or her shares appraised and to be paid the fair value of the shares by the corporation.
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