Divesting of Businesses Can Accomplish Many Different Objectives,except

question 17

Multiple Choice

Divesting of businesses can accomplish many different objectives,except

• A) enabling managers to focus their efforts more directly on the core businesses of the firm.
• B) providing the firm with more resources to spend on more attractive alternatives.
• C) raising cash to help fund existing businesses.
• D) dispersing manager focus.

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Definitions:

Duress

A situation where a person is forced or compelled to act against their will or to enter into a contract due to threats, violence, or other pressure.

Unconscionability

A legal doctrine that describes terms in a contract that are so unjust or overwhelmingly one-sided that they are deemed unenforceable.

Misrepresentation

A false statement of fact made by one party to another, which induces the latter to enter into a contract or agreement.

Expert

An individual with specialized knowledge or skills in a particular area, often called upon to give opinions or advice.