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

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

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A term sheet relating to a potential acquisition of aprivately held target company:
a. Generally must be filed by the buyer with the SEC
b. Is generally of little practical significance because itis non-binding
c. Generally must be disclosed by the target company to allof its shareholders
d. None of the above
“Dating” a representation made by the targetcompany:
a. Has no effect on the buyer’s walk rights orindemnification rights
b. Provides a benefit to the target company by essentiallyinsulating the representation from being brought down to theclosing
c. Provides a benefit to the buyer by pinning down the dateas of which the representation is made
d. None of the above
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