Examlex
_____ is the degree to which a tool measures what it claims to measure.
Short-form Merger
A merger between a parent company and its subsidiary where the parent absorbs the subsidiary without the need for approval by the shareholders of the subsidiary.
Subsidiary
A company that is completely or majority-owned by another company, known as the parent company.
Merger Plan
A detailed proposal for combining two or more companies into one entity, outlining the terms, conditions, and operational strategies post-merger.
Primary Liability
The direct responsibility of an entity or individual to pay a debt or damages without first requiring enforcement against another party.
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