When a Firm Sells the Assets And/or Resources of a Subsidiary

question 45

Multiple Choice

When a firm sells the assets and/or resources of a subsidiary or division of the firm to another organization,that is called

• A) a recapitalizations.
• B) a divestiture.
• C) a reverse split.
• D) none of the above.

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Definitions:

Truthful

Corresponding to fact or reality; honest and accurate representation without deceit or falsification.

Photographs Lie

A statement reflecting the belief that photographs cannot always be trusted to represent reality accurately, as they can be manipulated or taken out of context.

Cathedral

A bishop’s church. The word derives from cathedra, referring to the bishop’s chair.

Series of Paintings

A collection of artworks created by an artist that are related by theme, style, or subject matter.