Under Sections 14

Multiple Choice

Under Sections 14.06 and 14.07 of the Revised Model Business Corporation Act, a dissolved corporation:

A) endures despite the vicissitudes of the economy or the corporation's internal affairs.
B) is a company incorporated outside the state in which it is doing business.
C) purchases an asset in the form of a leveraged buyout.
D) must provide written notice of the dissolution to its creditors.
E) it can merge with the target company the so-called short-form merger.