Which of the Following Questions Is False

question 32

Multiple Choice

Which of the following questions is false?

• A) Any acquirer shares received in full or partial exchange for target shares triggers an immediate tax liability for target shareholders.
• B) In a friendly takeover, the target board of directors supports the merger, negotiates with potential acquirers, and agrees on a price that is ultimately put to a shareholder vote.
• C) How the acquirer pays for the target affects the taxes of both the target shareholders and the combined firm.
• D) If the acquirer purchases the target assets directly (rather than the target stock), then it can step up the book value of the target's assets to the purchase price.

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Definitions:

Mass Transit

A public transportation system designed to move large numbers of people efficiently by buses, trains, subways, or other vehicles.

Urban Population

Refers to the number of people living in cities or towns within a given area, highlighting the concentration of individuals in densely populated, built-up areas.

Global Urban Revolution

The rapid urbanization and the significant increase in the number of people living in urban areas globally, particularly since the 20th century.

Population Shifting

The movement or redistribution of people from one area or location to another, often influenced by economic, social, or environmental factors.