In a carve-out, a firm: A) distributes the stock of its new ...

[jon_i]

In a carve-out, a firm:
 A) distributes the stock of its new company to existing shareholders.
  B) distributes the stock of its new company to outside investors.
  C) purchases a company in a new industry and sells its shares to existing shareholders.
  D) purchases a company in a new industry and sells its shares to outside investors.

Question 2

Karen Howard loves to cook and receives unqualified praise whenever she prepares a meal for someone. Encouraged by these compliments and eager to put her culinary talents to good use, Karen decides to open a small neighborhood restaurant. Since she plans to maintain complete control of the business, she will most likely organize it as a
 A) limited partnership.
  B) corporation.
  C) general partnership.
  D) cooperative.
  E) sole proprietorship.

[mmj22343]

Answer to Question 1

B

Answer to Question 2

E