Which One of the Following Statements Is NOT True

question 30

Multiple Choice

Which one of the following statements is NOT true?

• A)Poison pills discourage hostile takeovers.
• B)Poison pills discourage potential high takeover bids.
• C)Stockholders have to approve the acceptance of poison pill strategies before a corporation can use them.
• D)Many institutional investors are opposed to the poison pill.

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Definitions:

Individualism

A cultural or social outlook that emphasizes personal independence and the self over group identity or collectivism.

Romance

A feeling of excitement and mystery associated with love, often emphasizing emotional and spiritual connection.

Maturity Principle

The concept that individuals become more responsible and emotionally stable as they age.

Collectivism

A cultural value that emphasizes the importance of groups and community over individual achievement or identity, often prioritizing group goals over individual desires.