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In a Complete Liquidation of a Corporation, Which of the Following

Question 53

Multiple Choice

In a complete liquidation of a corporation, which of the following is false?


A) The liquidation of a corporation means it has undergone dissolution.
B) The corporation ceases to be a going concern.
C) The corporation divests itself of substantially all its properties.
D) All stock of the liquidating corporation is canceled or redeemed.

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