After a Transfer to a Creditor by an Investor of a Right

question 35

True/False

After a transfer to a creditor by an investor of a right to receive payments on a business loan, the creditor can demand those payments from the borrower.

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Definitions:

Corporation's Property

Refers to the assets owned by a corporation, including real estate, equipment, and intellectual property.

Compulsory Share Exchange

A mandatory process where shares of one company are exchanged for those of another, often during mergers or acquisitions.

Short-Form Merger

A type of merger that occurs when a parent company absorbs a subsidiary without obtaining approval from the subsidiary’s shareholders, typically allowed under certain conditions by law.

Statutory Provisions

Specific requirements, rules, or laws enacted by a government’s legislative body.