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Describe the three basic legal procedures that one firm can use to acquire another and briefly discuss the advantages and disadvantages of each.
Wrongful Conduct
Actions or behaviors that are illegal or morally incorrect, leading to harm or injury to another party.
Insurance Coverage
Protection provided by an insurance policy against risk or loss, detailing what and how much is covered under specific circumstances.
Theft
The act of unlawfully taking someone else's property with the intent to permanently deprive them of it.
Lost Profits
Income that a business does not receive due to disruptions, such as breaches of contracts or other damages, which could have been earned if the disruption had not occurred.
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