Question 17

An Equity Carve-Out results in a private offering of stock

1. True

2. False

Question 18

CEOs in the United States generally are much higher paid than their international counterparts.

1. True
2. False

Question 19

After the year 2000 more companies had CEOs that were also Chairman of the Board than in earlier years.

1. True
2. False

Question 20

Chapter 7 Bankruptcy is essentially liquidation of a company.

1. True
2. False

Question 21

A debtor in possession can not get debt financing while under Chapter 11.

1. True
2. False