Multiple Choice
Fact Pattern 31-5 Lender Inc. owns more than 90 percent of the stock of Mortgage Inc .
Refer to Fact Pattern 31-5. A plan for a merger of Lender and Mortgage must be approved by the directors of
A) both corporations.
B) Lender only.
C) Mortgage only.
D) neither corporation.
Correct Answer:
Verified
Correct Answer:
Verified
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