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Fact Pattern 41-1A (Questions A3-A5 Apply)

Question 38

Multiple Choice

Fact Pattern 41-1A (Questions A3-A5 apply)
Cherry Grove Apartments,Inc.,merges with Dutch Elm Realty,Inc.Only Dutch Elm remains.
-Refer to Fact Pattern 41-1A.Cherry Grove held rights in certain real property.After the merger,Dutch Elm acquires the rights


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

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