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Answer: A
NEW QUESTION: 2
In which two sections of the Customer Portal is the Guided Assistance widget available for end customers? (Chose two?)
A. Any page the customer wants it placed
B. The answers detail page. Ask a Question
C. The popular answers list page
D. They are only available when using smart assistant.
E. The answers list page only
Answer: B,C
NEW QUESTION: 3
Acorn Corp. wants to acquire the entire business of Trend Corp. Which of the following methods of
business combination will best satisfy Acorn's objectives without requiring the approval of the
shareholders of either corporation?
A. A sale of all the assets of Trend, outside the regular course of business, to Acorn, for cash.
B. A cash tender offer, whereby Acorn acquires at least 90% of Trend's shares, followed by a short-form
merger of Trend into Acorn.
C. A merger of Trend into Acorn, whereby Trend shareholders receive cash or Acorn shares.
D. An acquisition of all the shares of Trend through a compulsory share exchange for Acorn shares.
Answer: B
Explanation:
Choice "d" is correct. A parent corporation owning 90% or more of a subsidiary may merge the subsidiary
(short form merger) into the parent without the approval of the shareholders of either corporation or the
approval of the subsidiary's board. Choices "a", "b", and "c" all require at least one of the corporations to
follow the general procedure for fundamental corporate changes (i.e., board resolution notice, approval by
majority shares, and filing).
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