Which of the Following Is One of the Conditions Necessary

question 7

Multiple Choice

Which of the following is one of the conditions necessary for an amalgamation to result in a tax-free/deferred combination?

• A) At least one of the corporations must be Canadian.
• B) 50 percent of the assets and liabilities of the old corporation must become assets and liabilities of the new corporation.
• C) The two corporations must be in a similar line of business.
• D) All of the shareholders of the old corporations must become shareholders of the new corporation.

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Definitions:

Positive Psychological State

A mental condition characterized by the presence of positive emotions, such as happiness and fulfillment, and the absence of negative emotions.

Workers

Individuals engaged in physical or mental activity aimed at producing goods or providing services.

Engaged

Refers to a state where an individual is highly involved, enthusiastic, and committed to their work or activities.

Work Engagement

A rewarding, satisfying state of mental well-being at work marked by energy, commitment, and intense focus.