A “knowledge” qualification: a. Should generally be added to most of the target company’s representations because a part

[answerhappygod]

A “knowledge” qualification:
a. Should generally be added to most of the target company’srepresentations because a party can’t make representations as tofacts it doesn’t actually know about
b. Is of no benefit to the target company if the definition of“knowledge” in the acquisition agreement contains a “constructiveknowledge” component
c. Can benefit the buyer when added to a representation of thetarget company because it requires the target company to consultwith the members of its knowledge group
d. None of the above
Representations:
a. Are interchangeable with warranties in a U.S.-styleacquisition agreement
b. Can provide a basis for exercising walk rights
c. Can provide a basis for exercising indemnification rights inan acquisition of a privately held company
d. All of the above