Which One of the Following Statements Is Not a Step

question 34

Multiple Choice

Which one of the following statements is not a step in an "A" reorganization by statutory merger?

• A)Target corporation transfers its assets and liabilities to acquiring corporation in exchange for part of acquiring corporation's stock.
• B)Target exchanges acquiring stock received for part of shareholders' target stock.
• C)Target corporation shareholders become shareholders in acquiring corporation.
• D)Target dissolves.

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Definitions:

Volcanic Mountain Belt

A geographical area consisting of numerous volcanoes which are formed along plate boundaries or over hotspots in Earth's crust.

Tectonic Events

are significant movements of the Earth's lithosphere, including earthquakes, volcanic eruptions, and the formation of mountain ranges, driven by plate tectonics.

Orogeny

The formation of mountains or the time period during which tectonic activity causes deformation and forms mountains.

Island Arc

A chain of volcanically active islands arranged in an arc, situated along the boundary of tectonic plates, generally forming over a subducting plate.