A(n)________ May Occur If a Major Shareholder Desires to Sell

question 38

Multiple Choice

A(n) ________ may occur if a major shareholder desires to sell a large number of shares but the market for the shares is not sufficiently liquid to sustain such a large sale without severely affecting the price.

• A)open market share repurchase
• B)Dutch auction share repurchase
• C)tender offer
• D)targeted repurchase

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Definitions:

Ise Shrine

A Shinto shrine in Japan, dedicated to the goddess Amaterasu, characterized by its unique architecture and tradition of rebuilding every 20 years.

Construction Method

Techniques, materials, and processes used in the building of structures, varying greatly across cultures and historical periods.

Mortise-and-Tenon System

A woodworking or masonry joint that connects two pieces of material through a cutout (mortise) and a projecting piece (tenon) that fits inside the cutout.

Kamakura Period

A period in Japanese history (1185-1333) marked by the rise of the samurai class and the establishment of feudalism.