KIDS QUIZ
FAMOUS INVENTORS AND INVENTIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Something a top does
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A new product or service that is based on another one that already exists
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A discovery or achievement that comes after a lot of hard work
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A person that spins
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Detailed explanation-1: -A spinoff, also known as a spinout or starburst, creates a new company out of an existing company. It’s a type of divestiture, and is only done if a parent company expects the new company will be worth more on its own. But the shareprices of a spinoff can be harder to predict as the market adjusts to the new company.
Detailed explanation-2: -Spin-offs occur when the equity owners of the parent company receive equity stakes in the newly spun off company. For example, when Agilent Technologies was spun off from Hewlett-Packard (HP) in 1999, the stockholders of HP received Agilent stock.
Detailed explanation-3: -Spin-offs come in two forms: voluntary and involuntary. Voluntary spin-offs typically yield benefits to the stockholders of the parent company, because companies tend to spin off successful subsidiaries that are not core companies and thus not essential to the parent companies.