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In Response to Jude and Rostan's Plan,can the Corporation Issue

Question 84

Multiple Choice

In response to Jude and Rostan's plan,can the corporation issue statements to its shareholders to educate them on the disadvantages of a takeover?


A) No,unless the statement also educates shareholders on the advantages of a takeover.
B) Yes,as long as corporate funds are not used and the statement also educates shareholders on the advantages of a takeover.
C) Yes,and corporate funds may be used for this purpose.
D) No,a corporation is prohibited from making these types of statements during a takeover.
E) Yes,as long as corporate funds are not used.

Correct Answer:

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