Which of the Following Is True About Mergers

question 67

Multiple Choice

Which of the following is true about mergers?

• A)The shareholders of the surviving corporation must approve the merger.
• B)The MBCA does not recognize mergers done solely for the profit motive.
• C)A merger may be invalidated if it freezes out minority shareholders.
• D)Shareholders of the acquired corporation must be paid a premium on their shares.

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Definitions:

Unitary System

A sovereign state governed as a single entity in which the central government is supreme and any administrative divisions (subnational units) exercise only powers that the central government chooses to delegate.

Political Cultures

The deeply rooted norms, values, beliefs, and attitudes that define the relationship between citizens and government within a political system.

Individual Mandate

A requirement that individuals must obtain health insurance or face penalties, aimed at broadening the pool of insured and lowering health insurance costs.

Health Care Insurance

A system that covers or reimburses medical expenses for individuals, spreading the financial risk of health costs across a large group of people.