An Extremely Lucrative Severance Package That Is Guaranteed to a Firm's

question 11

Multiple Choice

An extremely lucrative severance package that is guaranteed to a firm's senior managers in the event that the firm is taken over and the managers are let go is called a:

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

---

Definitions:

Sidewalk

A path along the side of a road designed for the use of pedestrians.

Automobile Accident

An unforeseen and unintended event involving at least one vehicle on the road, causing damage or injury.

Chocolate Bar

A confectionery product made primarily from chocolate and often formed into a rectangular shape.

Metal

Metal is a category of elements or substances characterized by a shiny appearance, conductivity of heat and electricity, and the ability to be shaped under pressure or heat.