Fact Pattern 40-1A

Multiple Choice

Fact Pattern 40-1A
Cherry Grove Apartments, Inc., merges with Dutch Elm Realty, Inc. Only Dutch Elm remains.
-Refer to Fact Pattern 40-1A. 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.