Question 6 (1 point) Which of the following statements regarding the three landmark court rulings by Delaware court in 1985 is true? Smith v. Van Gorkom clarified the use of defensive tactics (poison pills) against takeover bids. Unocal vs. Mesa Petroleum clarified the directors' duty of care. Revlon vs. MacAndrews & Forbes clarified that when the takeover of a corporation becomes the inevitable, the board of directors of that corporation has a duty to maximize creditor value. Unocal test say that the burden of proof shifts to the target firm's directors to show that they reasonably perceived a threat to the corporation, and their defensive responses were proportional to that threat Previous Page Next Page Page 6 of 11