The Surviving Entity in a Merger Situation Is ________

question 2

Multiple Choice

The surviving entity in a merger situation is ________

• A) not liable for any of the debts of the absorbed corporations.
• B) liable for all debts and obligations of any absorbed corporation.
• C) liable for only half of the debts and obligations of any absorbed corporation.
• D) liable only for the debts and obligations that are known to the absorbing corporation.
• E) liable for the debts that the shareholders agree to pay of the absorbing corporation.

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Definitions:

High Degree

Implies a significant level or amount of something, often used to describe the intensity, quality, or level of education.

Concrete

Pertaining to an actual, specific thing or instance; real or solid; not abstract.

Emotional Stability

The extent to which we can remain calm and composed.

Emotional Composure

The ability to maintain calm and control one's emotions, especially in challenging situations.