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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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