NACVA CVA Exam - Topic 2 Question 107 Discussion

Actual exam question for NACVA's CVA exam

Question #: 107
Topic #: 2

Documentable, arm's-length, bona fide offers to buy or sell may also be useful evidence of value. Funded bona fide offers (i.e. offers for which the financing for the offer is already in place) should be gives more weight and more consideration than:

APast subject company changes

BMerger and acquisition offers

CUnfunded bone fide offers

DPast acquisition documents by the subject company

Show Suggested Answer

Suggested Answer: D

by Tenesha at Mar 04, 2025, 08:20 PM

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Destiny

5 months ago

Surprised to see funded offers prioritized over mergers!

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Lelia

5 months ago

Unfunded offers just don't hold the same weight, no doubt.

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Buck

5 months ago

Really? I thought past acquisitions were more telling.

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Geoffrey

6 months ago

I agree, they show real commitment!

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Angelica

6 months ago

Funded bona fide offers are definitely more reliable.

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Vi

6 months ago

I’m leaning towards unfunded bona fide offers being the least reliable, but I’m not completely confident. It’s tricky to remember all the nuances!

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Zachary

6 months ago

I feel like past acquisition documents could be relevant too, but they might not reflect current market conditions as well as funded offers do.

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Ciara

6 months ago

I think we practiced a question similar to this, and I recall that unfunded offers don't have the same level of commitment, so they might not be as strong evidence of value.

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Nan

7 months ago

I remember discussing how funded bona fide offers are more reliable than unfunded ones, but I'm not entirely sure why that is.

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Arminda

7 months ago

I've got it! The correct answer is C, unfunded bona fide offers, since the question states that funded bona fide offers should be given more weight and consideration.

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Colene

7 months ago

Okay, let me think this through. Funded bona fide offers should be given more weight than unfunded ones, since the financing is already in place. That leaves us with options A, B, and D as less relevant.

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Carlee

7 months ago

Hmm, I'm a bit unsure about this one. The wording is a bit tricky, and I want to make sure I understand the differences between the options before selecting an answer.

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Bobbye

7 months ago

This question seems straightforward. I think the key is to focus on the distinction between funded and unfunded bona fide offers, and which ones should be given more weight.

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Phyliss

11 months ago

Past acquisition docs? Psh, who cares about that ancient history. Gimme those cold, hard, funded offers any day!

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Amber

10 months ago

D) Past acquisition documents by the subject company

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Alida

10 months ago

C) Unfunded bone fide offers

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Antonio

11 months ago

A) Past subject company changes

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Evangelina

12 months ago

This question is really getting to the heart of the matter - what constitutes true market value? Gotta love these valuation puzzles.

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Cecily

11 months ago

C) Unfunded bone fide offers

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Glenna

11 months ago

B) Merger and acquisition offers

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Helene

11 months ago

A) Past subject company changes

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Reuben

12 months ago

Haha, I bet the exam writer was having a 'bona fide' good time coming up with these options!

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Joanne

10 months ago

C) Unfunded bone fide offers

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Devorah

10 months ago

B) Merger and acquisition offers

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Asha

11 months ago

A) Past subject company changes

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Helga

1 year ago

I agree with Francesco. Funded offers are a stronger indicator of value than past changes or acquisition documents.

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Yoko

10 months ago

D) Past acquisition documents by the subject company

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Joana

10 months ago

C) Unfunded bone fide offers

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Lynsey

12 months ago

B) Merger and acquisition offers

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Iesha

12 months ago

A) Past subject company changes

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Francesco

1 year ago

I think the correct answer is C) Unfunded bona fide offers. Funded offers should carry more weight as they show the buyer has the financial capability to follow through.

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