Last Month, Keyser Design Acquired All of the Assets and Liabilities

question 83

Multiple Choice

Last month, Keyser Design acquired all of the assets and liabilities of Tenor Machine Works. The combined firm is known as Keyser Design. Tenor Machine Works no longer exists as a separate entity. This acquisition is best described as a:

• A) merger.
• B) consolidation.
• C) tender offer.
• D) spinoff.
• E) divestiture.

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Definitions:

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A theory that suggests that a personality type characterized by strict adherence to conventional values and a belief in absolute obedience or submission to authority figures may be more susceptible to following authoritarian regimes.

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