1)A term sheet relating to a potential acquisition of a privately held target company: a. Generally must be filed by the

[answerhappygod]

1)A term sheet relating to a potential acquisition of a privately held target company:
a. Generally must be filed by the buyer with the SEC
b. Is generally of little practical significance because it is non-binding
c. Generally must be disclosed by the target company to all of its shareholders
d. None of the above
2) “Dating” a representation made by the target company:
a. Has no effect on the buyer’s walk rights or indemnification rights
b. Provides a benefit to the target company by essentially insulating the representation from being brought down to the closing
c. Provides a benefit to the buyer by pinning down the date as of which the representation is made
d. None of the above