While a "Type B" Reorganization Requires That Voting Stock Be

question 25

True/False

While a "Type B" reorganization requires that voting stock be used by the acquiring corporation, in a "Type A," the acquiring corporation can use common or preferred stock and still have the restructuring meet the qualifications of § 368.

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Definitions:

Hollow Organs

Organs within the body that have a cavity, such as the stomach, intestine, and bladder.

Smooth

Pertaining to smooth muscle, an involuntary non-striated muscle found within the walls of organs and structures such as the digestive tract, blood vessels, and urinary bladder.

Cardiac

Pertaining to the heart and its functions or diseases.

Skeletal

Relating to the skeleton, the bony framework of the body that protects internal organs and supports the body structure.