Which of the following statements accurately describe spin-offs?

Group of answer choices

a)More than one of the other statements are correct.

b)None of the other statements are correct.

c)In a spin-off, the parent firm keeps significant ownership of the spun-off firm.

d)In a spin-off, the shares of the spun-off firm are distributed to existing shareholders.

e)A spin-off is the simplest way to make a firm more focused.