Kudos Corporation Combines Its Assets and Liabilities with Those of Livestream

question 55

Multiple Choice

Kudos Corporation combines its assets and liabilities with those of Livestream Company to form MedOnline Inc. Kudos and Livestream cease to exist. The agreement between Kudos and Livestream that sets out the capital structure and other features of MedOnline

• A)amends the articles of Kudos and Livestream.
• B)disappears once the combination is complete.
• C)combines with the articles of Kudos and Livestream.
• D)takes the place of the articles of Kudos and Livestream.

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Definitions:

Distribution

Distribution involves the process by which goods or services are made available to consumers through a supply chain, including warehousing, transportation, and retailing.