Which of the Following Is True of the Fourth Wave

question 148

Multiple Choice

Which of the following is true of the fourth wave of mergers from 1981 to 1989?

• A)It was characterized as a period of congeneric mergers and hostile takeovers the mergers of very large companies.
• B)It reflected the globalization of businesses.
• C)It was characterized by private equity groups buying up companies for purely financial reasons.
• D)It was characterized by conglomerate mergers.

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Definitions:

Minor

A person who is below the age of majority, legally considered a child and, in many contexts, does not have the full legal rights of an adult.

Public Policy

The public good; some acts, although not illegal, will not be enforced by the courts because they are socially distasteful (against public policy).

Legal Capacity

The ability of an individual or entity to enter into legally binding contracts, including being of a certain age and sound mind.

Mental Incapacity

Refers to a condition where an individual is unable to make legal decisions due to cognitive or psychological impairments.