View a FREE sample

This quiz consists of 5 multiple choice and 5 short answer questions through Mergers and Acquisitions.

Multiple Choice Questions

1. Which state was Buffett worried about in terms of its ability to create good investments for his company?
(a) Alabama.
(b) Illinois.
(c) California.
(d) Hawaii.

2. Confusing ________ requirements were offset by the partners' willingness to report look-through earnings.
(a) Tax.
(b) Market.
(c) Accounting.
(d) Stock.

3. Which business did Munger and Buffett decide to close, despite their best efforts?
(a) None.
(b) GEICO.
(c) Textile.
(d) Coca-Cola.

4. A __________ was something that Buffett and Munger believed was valuable to inform businesses owners of the year's business growth.
(a) Business forum.
(b) Business report.
(c) Business gathering.
(d) Business trade show.

5. Buffett and Munger promised to provide sufficient additional _______ to evaluate true results.
(a) Shareholders.
(b) Research.
(c) Funding.
(d) Information.

Short Answer Questions

1. The question of an exchange of stock arose in 1983 during the merger of Berkshire and ____________.

2. While Munger and Buffett were excited when they are in the process of acquiring a new business, they were also _________.

3. Buffett disliked _________ because of its leverage, according to the book.

4. Buffett and Munger continue to offer _______ for value trade in the acquisition process, as it seems fair to all parties.

5. Berkshire Hathaway's insurance companies maintained how many permanent common stock holdings?

(see the answer key)

This section contains 198 words (approx. 1 page at 300 words per page) View a FREE sample