Which of the Following Is a Document Describing a Target

question 80

Multiple Choice

Which of the following is a document describing a target firm's important characteristics to potential acquirers?

• A)Letter of intent
• B)Offering memorandum
• C)Prospectus
• D)Break form

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Definitions:

Merchants

Individuals or businesses engaged in the trade of goods, services, or both to consumers.

Parol Evidence Rule

A legal principle that prohibits the use of oral or extrinsic evidence to contradict, vary, or add to the terms of a written contract.

Firm Offer

A proposal in contract law that explicitly states it will remain open for a specified period of time and cannot be revoked during that period.

UCC

This code, known as the Uniform Commercial Code, is an extensive assortment of legal rules that supervise commercial exchanges in the United States.