O'Ball Ltd

Multiple Choice

O'Ball Ltd. wants to acquire Kiro Ltd. to take advantage of its tax losses and credit carryforwards. In what way can O'Ball accomplish this?

A) O'Ball can purchase Kiro's net assets.
B) O'Ball can do a share exchange with Kiro.
C) O'Ball can either purchase Kiro's net assets or purchase Kiro's shares.
D) O'Ball can either purchase Kiro's net assets or do a share exchange with Kiro.