Fact Pattern 40-1B

Multiple Choice

Fact Pattern 40-1B
Shrimp Boat Company decides to consolidate its operations with Trawlers, Inc., to form Unique Fishers Corporation .
-Refer to Fact Pattern 40-1B. Trawlers owed money to View Harbor Storage and other creditors. After the consolidation, UFC must pay

A) all of Trawlers' debts.
B) half of Trawlers' debts.
C) none of Trawlers' debts.
D) only debts that Trawlers incurred after consolidation was proposed.