If the Form of Acquisition Is a Statutory Merger, the Seller

question 85

True/False

If the form of acquisition is a statutory merger, the seller retains all known, unknown or contingent liabilities.

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Definitions:

Electronic Communications Privacy Act

A United States federal law enacted in 1986 to extend government restrictions on wire taps from telephone calls to include transmissions of electronic data by computer.

Stored Communications Act

A United States federal law that addresses voluntary and compelled disclosure of "stored wire and electronic communications and transactional records" by service providers.

Password-Protected

Describes a file, piece of information, or device that cannot be accessed without entering the correct password.

Digital Sampling

The technique of recording a segment of sound, often from previously existing recordings, and reusing it in a new musical composition or recording.