1. When a company repurchases its own stock the remaining outstanding shares should?

A. Increase

B. Decrease

C. Not Change

D. Not enough information

2. When a company distributes cash to current shareholders it is called a ________?

A. Share repurchase

B. Dividend

C. Capital spending project

D. none of these

3. Share repurchases typically occur when management beleives a company's stock is ________?

A. selling at premium

B. overvalued

C. Undervalued

D. none of these

4. An offer to buy stock from a firms shareholders by a party seeking to gain control of a firm is known as?

A. open market operation?

B., tender offer

C. solicitation to buy

D. none of these

5. a large cash distribution paid to a manager in the event of a merger is known as?

A. greenmail

b. golden parachute

C. fradulent payment

D. none of these

6. when one firm attempts to acquire another firm against management of the target firms wishes is known as an

A. merger

B. hostile takeover

C. acquisition

d. none of these