Multiple Choice
Fact Pattern 41-1B
Shrimp Boat Company decides to consolidate its operations with Trawlers,Inc. ,to form Coastal Fishers Corporation (CFC) .
-Refer to Fact Pattern 41-1B.Trawlers had rights in certain property.Af?ter the consolidation,CFC acquires the rights
A) automatically.
B) only after completing certain additional statutory procedures.
C) only if Trawlers' former shareholders expressly approve.
D) only if the acquisition is a specified result of the consolidation.
Correct Answer:
Verified
Correct Answer:
Verified
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