Fact Pattern 31-1 Outlook Inc

Multiple Choice

Fact Pattern 31-1 Outlook Inc. merges with Pinnacle Inc. Only Pinnacle remains.
Refer to Fact Pattern 31-1. Outlook held rights in certain real property. With regard to these assets, in the merger Pinnacle assumes

A) none of Outlook ' s assets.
B) only those assets acquired after the merger was proposed.
C) an amount of assets equal to the ratio of the firms' pre-merger market values.
D) all of Outlook ' s assets .