A Spin-Off Is When

question 43

Multiple Choice

A spin-off is when

• A)a company buys a security for a very short period of time and then sells it.
• B)a bond is retired through the issuance of another bond.
• C)part of a company which is usually a distinct business unit is separated from the parent company and shares of the divested company are distributed to the parent's stockholders.
• D)a company acquires another company in a different industry.
• E)a company acquires another company in the same industry.

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Definitions:

Attitudes

A learned predisposition to respond in a consistently favorable or unfavorable manner with respect to a given object, person, or issue.

Respond

To react to something by taking a particular course of action.

Dissonance

The psychological discomfort felt when holding two or more conflicting cognitions (ideas, beliefs, values, or emotional reactions).

Roles

The functions or parts played by individuals in a particular social context, influencing how they behave and interact with others.