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    Question

    Which of the following best describes

    "acquisition"?
    A Acquiring or agreeing to acquire only voting rights of an enterprise Correct Answer Incorrect Answer
    B Acquiring only control over the assets of an enterprise, excluding management control Correct Answer Incorrect Answer
    C Acquiring or agreeing to acquire shares, voting rights, assets, or control over the management or assets of an enterprise, either directly or indirectly Correct Answer Incorrect Answer
    D Acquiring or agreeing to acquire only shares and voting rights of an enterprise Correct Answer Incorrect Answer
    E Acquiring only control over management, excluding assets or voting rights Correct Answer Incorrect Answer

    Solution

    Section 2 Definitions: (a) "acquisition" means, directly or indirectly, acquiring or agreeing to acquire-- (i) shares, voting rights or assets of any enterprise; or (ii) control over management or control over assets of any enterprise.

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