On a Consolidation, a New Corporation Acquires All of the Assets

question 40

True/False

On a consolidation, a new corporation acquires all of the assets and liabilities of the corporations that were consolidated.

---

Definitions:

Patient Chart

A medical record that contains the patient's health history, diagnosis, treatment plan, and progress notes maintained by healthcare professionals.

Medical Record

A comprehensive document that contains the history, diagnosis, treatment, and prognosis of a patient's medical condition.

Informed Consent

A process in which a patient receives full disclosure of and understands the risks, benefits, and alternatives of a proposed procedure or treatment before agreeing to it.

Specimen

A sample taken for medical testing or research.