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NEW QUESTION: 1
Under the Revised Model Business Corporation Act, following what type of corporate acquisition does the
acquiring corporation automatically become liable for all obligations of the acquired corporation?
A. An acquisition of stock for debt securities.
B. A leveraged buyout of assets.
C. A merger.
D. A cash tender offer.
Answer: C
Explanation:
Choice "d" is correct. A merger involves one corporation joining with another corporation. The surviving
corporation has all of the rights and liabilities of the merged corporation. Thus, the acquiring corporation
automatically becomes liable for all obligations of the acquired corporation. Choice "a" is incorrect. A
leveraged buyout is a strategy involving the acquisition of another corporation using a significant amount
of borrowed money (bonds or loans). Often, the assets of the corporation being acquired are used as
collateral for the loans (in addition to the assets of the acquiring corporation). The acquiring corporation
does not automatically become liable for all (or any) obligations of the acquired corporation if it merely
acquires another corporation's assets. Choice "b" is incorrect. An acquisition of stock for debt securities
does not make the acquiring corporation liable for the obligations of the acquired corporation. The
acquiring corporation has simply purchased stock. In an acquisition of stock for debt securities, the
acquired corporation becomes a subsidiary of the acquiring corporation and the acquired corporation
remains a separate entity liable for its own obligations. Choice "c" is incorrect. A cash tender offer is an
offer to purchase a corporation's stock directly from its shareholders at a specified price for a specified
period of time. In a cash tender offer, the acquiring corporation does not automatically become liable for
all obligations of the acquired corporation. In fact, if there is only an offer, there is no transaction at all.

NEW QUESTION: 2
When information is shared between two separate organizations, which of the following documents would describe the sensitivity as well as the type and flow of the information?
A. ISA
B. MOA
C. SLA
D. BPA
Answer: B

NEW QUESTION: 3
Which three statements are correct about vApps? (Choose three.)
A. vCenter is required.
B. vApps contain virtual machines.
C. vApps define resource settings.
D. vApps specify virtual machine failover.
E. vApps include virtual vSwitch configurations.
Answer: A,B,C

NEW QUESTION: 4
Which feature is a prerequisite to enable SAP Success Factors Onboarding?
Please choose the correct answer.
Response:
A. Goal Import
B. Role-Based Permissions
C. Enable External ATS-ONB-EC Integrations
D. Enable Media Service Features
Answer: B


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A: Reach out to us here CISA-CN FAQ and drop a message in the comment section with any questions you have related to the CISA-CN Exam or our content. One of our moderators will assist you.

CISA-CN Exam Info

In case you haven’t done it yet, we strongly advise in reviewing the below. These are important resources related to the CISA-CN Exam.

CISA-CN Exam Topics

Review the CISA-CN especially if you are on a recertification. Make sure you are still on the same page with what ISACA wants from you.

CISA-CN Offcial Page

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Check what resources you have available for studying.

Schedule the CISA-CN Exam

Check when you can schedule the exam. Most people overlook this and assume that they can take the exam anytime but it’s not case.