Fact Pattern 41-1B (Questions B5-B7 Apply)

Multiple Choice

Fact Pattern 41-1B (Questions B5-B7 apply)
DIY Fasteners Company decides to consolidate its operations with Evergrip Studs, Inc., to form Fit-Rite Bolts & Screws Inc.
-Refer to Fact Pattern 41-1B. Evergrip had rights in certain property. Af?ter the consolidation, Fit-Rite acquires the rights

A) automatically.
B) only after completing certain additional statutory procedures.
C) only if Evergrip's former shareholders expressly approve.
D) only if the acquisition is a specified result of the consolidation.