A Corporation That Buys the Assets of Another Corporation Does

Multiple Choice

A corporation that buys the assets of another corporation does not assume the other's liability unless:

A) the sale is for the fraudulent purpose of avoiding the liabilities of the seller.
B) the purchaser expressly or impliedly agrees to assume the seller's liabilities.
C) the transaction amounts to a consolidation or merger of the two corporations.
D) All of these.