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.

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Definitions:

Diversified Portfolio

An investment strategy that spreads investments across various asset classes to reduce risk.

Stocks Worldwide

Equity securities issued by companies from around the globe, representing ownership interests in those businesses.

Capital Gain Distributions

Payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio, where the gains are realized and then distributed to investors.

Income Distributions

The payment of earnings from investments, such as dividends from stocks or interest from bonds, to investors.