Java Corporation Wants to Purchase All of the Assets of Kaffee

Multiple Choice

Java Corporation wants to purchase all of the assets of Kaffee Corporation. Loni is a Kaffee shareholder. The approval of Loni and other Kaffee shareholders is necessary

A) in all circumstances.
B) in no circumstances.
C) only if Kaffee will be paid with unauthorized, unissued stock.
D) only if Java assumes Kaffee's liabilities as part of the deal.