Answer:
The correct answer is (D) a tender offer.
Step-by-step explanation:
Ruff Games, Inc., has shown an interest in buying stock of Smart Toy to acquire controlling Interest in the company, for this purpose Ruff Games has intended to make a offer to Smart Toy shareholders, this is referred to as a tender offer. A golden parachute is when a compensation is offer to a company executive to dismiss themselves as a result of company takeover.