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Home Questions QMUPNKGSW3
Target Exam

CUET

Subject

Entrepreneurship

Chapter

Enterprise growth Strategies

Question:
Assertion: When a private company takes over a public company, it is known as back flip acquisition.
Reasoning: Such type of acquisition can be friendly or hostile.
Options:
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A.
Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A.
Assertion (A) is true but Reasoning (R) is not correct.
Assertion (A) is not true but Reasoning (R) is correct.
Correct Answer:
Assertion (A) is not true but Reasoning (R) is correct.
Explanation:
Reverse acquisition: A private company takes over a public company.

CUET Questions