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Give an appropriate answer.
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Debts
Money owed by one party, the debtor, to another, the creditor, usually arising from a transaction of goods, services, or loans.
Absorbed Corporations
companies that have been merged into or taken over by another corporation, losing their separate legal identity.
Right of Recovery
The legal right to seek compensation or restitution for a loss, damage, or injury suffered.
Surviving Corporation
In a merger or consolidation, the corporation that continues to exist, absorbing the business of the other entity.
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