A Fairness Opinion Is Used Most Often When

question 31

Multiple Choice

A fairness opinion is used most often when:

• A)An unsolicited hostile tender offer is received from a potential acquirer who owns no stake in the target firm.
• B)A controlling shareholder seeks approval for an amalgamation.
• C)Determining whether the exchange ratio in a stock swap transaction is appropriate.
• D)None of the above.

---

Definitions:

Computers

Electronic devices that process, store, and output information, capable of executing complex algorithms and tasks.

Tested

The process of examining or evaluating something to determine its characteristics, quality, or performance.

Set Up

The process or action of making something operational or ready for use, especially in a context of preparation or installation.

Production Possibilities Frontier

A curve depicting all maximum output possibilities for two goods, given a set of inputs and production technology.