Cloud Inc Merges with Data Corporation

question 64

Multiple Choice

Cloud Inc. merges with Data Corporation. Cloud, the surviving corporation, issues shares or pays fair consideration to

• A)Cloud's shareholders.
• B)Data's shareholders.
• C)the state.
• D)no one.

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Definitions:

Noncash Transfers

Types of government assistance such as food stamps and housing vouchers that provide benefits other than direct cash payments.

Income Inequality

Income inequality refers to the unequal distribution of income among a population, often measured using various statistical methods to illustrate disparities in wealth.

Housing Subsidies

Financial assistance provided by a government or organization to help individuals or families afford housing, typically to reduce housing expenses to a manageable level.

Low-Income Households

Low-income households are those whose total income falls below a certain threshold, designated by governmental policies, indicating they earn significantly less than the country's median or average household income.