Which of the Following Statements Does Not Describe a Requirement

question 21

Multiple Choice

Which of the following statements does not describe a requirement that must be met in a tax-deferred reverse triangular merger?

• A)The 40 percent continuity of interest test must be met with respect to the stock transferred from the acquisition corporation to the target corporation shareholders.
• B)The target must hold substantially all of the target corporation's properties and the properties of the acquisition subsidiary after the merger.
• C)The continuity of business enterprise test must be met with respect to the target corporation.
• D)The target corporation shareholders must receive voting stock in the acquiring corporation.

---

Definitions:

Overload Principle

A principle in fitness and training that suggests in order to improve, athletes must continually work harder as their bodies adjust to existing workouts.

Delayed-onset Muscle

Soreness experienced after exercise, peaking from 24 to 72 hours post-exercise, resulting from micro-tears in muscle fibers.

Core Muscles

A group of muscles in the abdomen, lower back, hips, and pelvis that aid in stabilizing the body, improving posture, and providing strength for movement.

Erectors

Refers to erector spinae, a group of muscles and tendons that straighten and rotate the back.