A[n] ______ Mistake Is a Mistake That Is Shared by Both

question 19

Multiple Choice

A[n] ______ mistake is a mistake that is shared by both parties to an agreement.

• A) Unclear
• B) Mutual
• C) Unilateral
• D) Clear
• E) Double

---

Definitions:

White Knight

A company or individual that acquires a corporation on the verge of a hostile takeover, to preserve its autonomy.

Friendly Suitor

A company that makes an acquisition offer that the management of the target company approves of.

Hostile Bidder

An entity or individual that makes an offer to buy a company despite resistance or disapproval from the target company's board of directors.

Management Buyout

The acquisition of a company's controlling share by its management team, often with the assistance of external financiers.