Market Company Exchanges Some of Its Shares for Some of the Shares

question 32

Multiple Choice

Market Company exchanges some of its shares for some of the shares of Niche Corporation. On the exchange of shares between Market and Niche

• A)both companies continue to exist.
• B)both companies cease to exist.
• C)only Market survives.
• D)only Niche survives.

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Definitions:

Intervertebral Disc

A fibrocartilaginous structure located between the vertebrae that acts as a shock absorber and facilitates movement in the spine.

Lumbar Vertebra

One of the larger vertebrae located in the lower back part of the spinal column, supporting much of the body's weight.

Thoracic Vertebra

One of the twelve vertebrae located in the middle section of the vertebral column, each providing attachment for a pair of ribs.

Manubrium

The broad, upper part of the sternum (breastbone), with which the clavicles (collarbones) and first ribs articulate.