Congress passed the _________ of 2002 to combat widespread accounting malpractice.
A. Sarbanes-Oxley Act
B. Securities Exchange Act
C. Glass-Steagall Act
D. McCain-Feingold Act
Fill in the blank(s) with correct word
Question 2
A hostile takeover is a situation in which
A) the management and board of directors of the targeted firm disapprove of the proposed merger.
B) stockholders are paid a golden parachute.
C) the targeted firm is dismantled to avoid the merger.
D) the government makes the decision that the corporate raider can purchase the targeted firm.
E) the corporate raider receives a sum of money to leave the targeted firm alone.
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