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    Essentials of Business Law and the Legal Environment Study Set 1
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    Exam 36: Fundamental Changes of Corporationspart Viii: Debtor and Creditor Relations
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    If Barker Co
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If Barker Co

Question 23

Question 23

Multiple Choice

If Barker Co.buys 51% of the shares of Carter Co.:


A) both boards would have to approve the sale.
B) both sets of shareholders would have to approve the sale.
C) Barker Co.'s board would have to approve the sale.
D) Carter Co.'s board would have to approve the sale.

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