A Rights Offering That Gives Existing Target Shareholders the Right

question 22

Multiple Choice

A rights offering that gives existing target shareholders the right to buy shares in either the target or an acquirer at a deeply discounted price once certain conditions are met is called a ________.

• A) golden parachute
• B) poison pill
• C) classified board
• D) white knight

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Definitions:

Variable-interval

A schedule of reinforcement where rewards are given after variable intervals of time, making the timing of the reward unpredictable.

Fixed Interval

A schedule of reinforcement where a response is only rewarded after a specific amount of time has passed.

Variable Ratio

A reinforcement schedule used in operant conditioning that rewards a response after an unpredictable number of responses, leading to a high and steady rate of response.

Fixed Ratio

A schedule of reinforcement where a response is reinforced only after a specified number of responses, often used in behavioral studies.