Multiple Choice
Through a certain transaction,Corporate Properties,Inc.,acquires all of the shares of Downtown Realty Corporation for some of Corporate Properties's shares.Both Corporate Properties and Downtown Realty continue to exist.This is
A) a consolidation.
B) a share exchange.
C) a short-form merger.
D) a hold-up.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The board of directors of each corporation
Q3: Precise Device Corporation and Quality Instruments,Inc.,decide to
Q4: If a corporation is dissolved,its asset can
Q5: Vision Optical Company and Wide Eyes Open,Inc.decide
Q7: A takeover cannot be challenged on the
Q8: Titan Business Corporation can be compelled to
Q10: A short-form merger is the legal combination
Q10: Penn files a suit against Roadway Sign
Q11: Fact Pattern 41-3A (Questions A19-A20 apply)<br>Atlantic Corporation's
Q42: On dissolution, corporate assets are distributed to