Which of the Following Is NOT a Method of Avoiding

question 18

Multiple Choice

Which of the following is NOT a method of avoiding a takeover?

• A) Increasing the firm's cash level
• B) Moving corporate offices to advantageous states
• C) Staggering the election of boards of directors
• D) Buying back shares

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Definitions:

Ceiling

The maximum limit on the price, wage, or other variable typically set by a government or regulatory body.

Employee Annual Earnings

The total amount of income an employee earns in one year, including wages, salaries, bonuses, and other compensation.

FICA-OASDI

Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance; a U.S. payroll tax to fund Social Security and Medicare benefits.

Employee's Portion

The part of payroll taxes and other deductions that employees are responsible for, which is withheld from their wages.