Table Corporation Transfers One-Half of Its Assets to Chair Corporation

question 92

Multiple Choice

Table Corporation transfers one-half of its assets to Chair Corporation in exchange for 100% of Chair Corporation's single class of stock. Following the exchange, Table Corporation distributes the Chair stock ratably to its shareholders. This transaction will constitute a

• A)Type A reorganization.
• B)Type C reorganization.
• C)divisive Type D reorganization.
• D)acquisitive Type D reorganization.

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Definitions:

Table Design View

The interface in database management systems where users can define, modify, and view the structure of a database table.

Relates

Describes the connection or association between two entities, typically within a database or a logical structure.

Indexed

A method of storing data in a database in such a way that it improves the speed of data retrieval operations on a database table.

Database Performance

The measure of how efficiently and effectively a database system processes queries, updates, and other operations.