Multiple Choice
Fact Pattern 31-2 Dynamo Corporation combines its assets and liabilities with those of Energy Company to form Fuel Inc. Dynamo and Energy cease to exist.
Refer to Fact Pattern 31-2. The formation of Fuel Inc. is
A) a takeover.
B) a consolidation.
C) a liquidation.
D) a share exchange.
Correct Answer:
Verified
Correct Answer:
Verified
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