Reference no: EM132266546
1. A _____ might be used by target management if the target owns an irreplaceable piece of property, the sale of which would seriously devalue the overall worth of the target.
greenmail
lockup agreement
public relations campaign
targeted shareholder agreement
2. _____ refer(s) to the written application to the state for permission to form a limited liability company.
Novation.
Estoppel.
Operating agreement.
Articles of organization.
3. One corporation makes a tender offer to the shareholders of another corporation in a(n):
merger.
consolidation.
stock acquisition.
asset acquisition.
4. Koto, a successful accountant, has been invited to join the board of directors of Big Co. Koto is concerned that she will face personal liability for her decisions while on the board of Big. How can Big, by itself, limit her liability at this point in time?
Protective measures in the charter
Protective measures in the bylaws
Protective measures in the articles of organization
Protective measures in the members' agreement