Multiple Choice
A _____ is a type of divestiture in which a firm converts a particular unit or division into a separate company and issues stock in the newly created corporation and also sells the stock to outside investors, thus raising additional financial capital.
A) spinoff
B) carveout
C) splitoff
D) buyout
Correct Answer:
Verified
Correct Answer:
Verified
Q19: A _ is a legal business entity
Q20: A limited liability partnership (LLP) is attractive
Q21: A similarity between general partnerships and sole
Q22: Which of the following is a disadvantage
Q23: Which of the following is a drawback
Q25: A corporation must register as a foreign
Q26: In order to qualify as an S
Q27: Examples of institutional investors are mutual funds,
Q28: The owner of a singleperson LLC can
Q29: Explain why general corporations have become the