A Rights Offering That Gives Existing Target Shareholders the Right

question 51

Multiple Choice

A rights offering that gives existing target shareholders the right to buy shares in either the target or the 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.

---

Definitions:

Self-Efficacy

An individual's belief in their capacity to execute behaviors necessary to produce specific performance attainments.

Need For Achievement

A psychological trait that drives an individual to pursue and attain goals.

Performance Goal

Goals oriented towards demonstrating competence and being judged favorably by others.

Drive

An innate, biologically determined urge to attain a goal or satisfy a need.