An automobile manufacturer,Forseth Securities Inc.offers to purchase 58% shares of a mid-sized start-up that deals with digital accessories for automobiles.However,Forseth Securites Inc.does not specify the price or the form of payment.According to the contract,the price of the purchase will be determined based on the market value of the share on the day of the purchase.This deal is an example of _____.
A) a tender offer
B) factoring
C) a spin-off
D) venture capitalism
Correct Answer:
Verified
Q41: Government-owned companies that invest in a range
Q55: If a giant corporation puts up its
Q60: Which of the following is true of
Q61: Risk is defined as the uncertainty of
Q64: Investments that promise the highest returns tend
Q67: In most firms,the controller is the chief
Q73: Financial managers are responsible for increasing profits
Q74: The major purpose of cash is to
Q76: Debt is frequently the least costly method
Q105: Which of the following is true of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents