A TAKEOVER bid received by a target company that DIRECTORS urge shareholders to accept due to its attractive price. Though directors might prefer to reject the bid, the price makes it nearly impossible for them to do so; failure to recommend approval could constitute a breach of DUTY OF LOYALTY and result in legal action being taken.

• FIRST-DEGREE MURDER
• FIRST-HAND EVIDENCE
• FIRST-IMPRESSION ERROR
• FIRST IN FIRST OUT
• FIRST-IN, FIRST-OUT
• FIRST-IN, LAST-OUT
• REPLACEMENT COST METHOD
• REPLACEMENT COST POLICY
• PREMIUM SWAP
• PREMIUM TAX
• PRE-MONEY VALUATION
• PREMUNIRE
• PRENDA
• PRENDER DE BARON
• PRENDER, PRENDRE
• PRE-OPENING EXPENSES
• PRE-OPERATING COSTS
• PREPACKAGED BANKRUPTCY
• PREPAID
• PREPAID ADVERTISING
• PREPAID ASSET
• PREPAID ASSOCIATION DUES
• PREPAID CREDIT CARD
• PREPAID DUES
• PREPAID EXPENSES