API API-571 Q&A - in .pdf

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  • Exam Code: API-571
  • Exam Name: Corrosion and Materials Professional
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  • Q & A: 365 Questions and Answers
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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. A merger.
B. An acquisition of stock for debt securities.
C. A cash tender offer.
D. A leveraged buyout of assets.
Answer: A
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
Scenario: While troubleshooting a license issue on NetScaler, a Citrix Administrator notes the following entry as the root cause:
"1:47:12 (CITRIX) SERVER line says HOSTNAME=cag, hostid is HOSTNAME=ns"
In which file would the administrator modify the hostname to resolve this issue?
A. auth.log
B. rc.conf
C. ns.conf
D. aaad.debug
Answer: B

NEW QUESTION: 3
A company plans to use Dynamics 365 for Finance and Operations to automatically calculate and process royalties.
You need to configure the system.
Which actions should you perform? To answer, select the appropriate options in the answer area.
NOTE: Each correct selection is worth one point.

Answer:
Explanation:



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