29 Which One of the Following Statements Concerning the "Continuity

question 37

Multiple Choice

29 Which one of the following statements concerning the "continuity of business enterprise" doctrine is true?

• A)The acquiring corporation must continue all of the acquired corporation's lines of business to qualify as continuing the business.
• B)The acquiring corporation may not sell any of the target corporation's assets to qualify as using target's assets in a business.
• C)As long as the acquiring corporation uses a significant portion of target's assets in a business, it is immaterial that they are used in a different manner than target used them.
• D)All of the above statements are false.

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Definitions:

Group Discussion

A structured conversation or meeting focused on a particular topic, where multiple individuals share ideas, suggestions, and opinions.

Affirmative Action

Policies or measures that aim to increase opportunities for historically disadvantaged groups by considering those very characteristics (such as race or gender) in decisions like employment and education.

Same-Sex Unions

Legal or socially recognized partnerships between two individuals of the same sex, akin to marriage.

Deindividuation

A psychological state where an individual loses self-awareness and self-restraint, often occurring within group contexts.