LBLA Awards Quiz

When is the proposed date of closing for the contract?

• December 16th, 2023

• June 06th, 2023

• September 24th, 2024

• February 31st, 2035

In the event of legal troubles between the two parties, which legal sphere will be used to handle any issues?

• French Law

• Canadian Law

What was Maison de Paris accused of stealing from Pierre Baguette?

• Their entire supply of baguettes

• The design of their signature baguette shaped bottle

• Their signature perfume scent

Maison de Paris has experienced recent popularity that has led to large revenue growth. What figure were their revenues annually?

• $3.85 million

• $10.5 million

• $25 million

• $551.56 million

When LBLA Luxury Group acquires Maison de Paris, what will happen to the company’s existing supply and shipping agreements?

• The existing agreements will be terminated

• The existing agreements will be maintained after the acquisition

• New suppliers will be found after the acquisition to replace the old ones

What was the purchase price listed as based on the company’s present assets?

• $80 million

• $100 million

• $150 million

• $300 billion

In the event environmental violations are found at Maison de Paris’ facilities, which party is responsible for covering the fees before the date of closing?

• The buyer

• The seller

• The government

• Nobody pays for it

Who must assume the risk of any lawsuits placed against Maison de Paris before the closing date?

• Antoine Lambert

• Emily Cooper

• LBLA Luxury Group

Maison de Paris is required to maintain certain environmental standards under governmental legislation, which organization set out these regulations?

• EEPA (European Environmental Protection Agency)

• EEA (European Environment Agency)

• EEP&DF (European Environmental Protection & Defense Force)

• PEP (Paris Environmental Pact)

In the process of the acquisition, what will happen to the office employees at Maison de Paris?

• They will be let go without severance pay.

• They will be offered new jobs at the company after the acquisition.

• They will be let go and receive severance pay.

• Everyone’s getting a raise.