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Fact Pattern 41-1​ Grandview Office Suites, Inc., Merges with Hilltop Commercial Properties, Inc

Question 17

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Fact Pattern 41-1​
Grandview Office Suites, Inc., merges with Hilltop Commercial Properties, Inc. Only Hilltop remains.
-Refer to Fact Pattern 41-1. Grandview owed money to Innovative Décor, Inc., and other creditors. After the merger, Hilltop must pay​


A) ​all of Grandview's debts.
B) ​half of Grandview's debts.
C) ​none of Grandview's debts unless there is a formal transfer of liability.
D) ​only debts that Grandview incurred after a merger was proposed.

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