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8. Statement I: A poison pill s a provision in a company\'s operating. do cument

ID: 381033 • Letter: 8

Question

8. Statement I: A poison pill s a provision in a company's operating. do cuments designed to make it too expensive for an unfriendly suiter. Statement II: A golden parachute is often configured to include the issuing of new shares to dilute the stake held by a hostile bidder. a. Statements I and II are both true b. Statements I and II are both false c. Statement I is true and statement II is false d. Statement I is false and statement II is true 9, bankruptcy allows for a court appointed trustee to Chapter take charge of a company, sell the firm's assets, and pay off debts. b. 7 c. 13 d. 9 10. Industrial policy is practiced by all modern governments. Which of the following countries is said to have the best-organized industrial policy? a. The United States b. France c. Germany d. Japan e. England

Explanation / Answer

8.a. Both are tatics used to prevent hostile takeover.

9. 13. an impartial trustee is appointed to administer

10. d. Japan has best industrial policy because it supports innovation

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