Precise Device Corporation and Quality Instruments, Inc

question 53

Multiple Choice

Precise Device Corporation and Quality Instruments, Inc., decide to merge. This corporate combination does not require the approval of

• A) Precise and Quality's directors.
• B) Precise and Quality's officers and employees.
• C) Precise's shareholders.
• D) Quality's shareholders.

---

Definitions:

Health Insurance Portability

A feature of health insurance policies that allows individuals to transfer their policy from one insurer to another without losing benefits.

Breach of Confidentiality

The unauthorized disclosure of private information or secrets, especially with regard to personal health information.

Accountability Act

Legislation that sets standards or requirements for entities to be responsible for their actions, often pertaining to the safeguarding of personal data or ensuring professional conduct.

Standards of Care

Accepted methods and practices a healthcare practitioner follows for treating a patient, which are considered acceptable by peer professional organizations.