If the bidder in a hostile takeover faces target management resistance, as an alternative to either bidding higher or terminating the tender offer process, bidders sometimes offer target management compensation to end its resistance

Concise communication is short and to the point, expressing ideas clearly in the fewest possible words

Indicate whether the statement is true or false.

A ________ is an exception in promissory notes, as it does not require the maker's unconditional and affirmative promise to pay

A) trade acceptance B) collateral note C) remittance advice D) certificate of deposit