A ________ Is a Form of E-Auction Where Buyers Post

question 85

Multiple Choice

A ________ is a form of e-auction where buyers post a request for quote.

• A) reverse auction
• B) rafter bid
• C) mystery auction
• D) forward auction
• E) top-up

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Definitions:

Unwanted Takeovers

Corporate actions where one company attempts to acquire another without the consent of the latter's management.

Ethical

Pertaining to or dealing with morals or principles of morality; pertaining to right and wrong in conduct.

Shareholder Rights Plan

A strategy used by corporations to deter hostile takeovers by allowing shareholders the right to purchase additional shares at a discount, often referred to as a "poison pill."

Greenmail

A situation where a company buys back its own shares from a potential acquirer at a price higher than the market value to avoid a takeover.