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The Combination of Two or More Corporations' Total Assets, Title

question 63

Multiple Choice

The combination of two or more corporations' total assets, title to which is vested in one of them, known as the surviving corporation, is a:


Definitions:

Parens Patriae

A legal doctrine that allows the state to act as a guardian for those unable to care for themselves, such as minors or the mentally ill.

Police Power

The ability of a state to control behavior and ensure lawfulness within its territory to improve the health, safety, ethics, and overall well-being of its citizens.

Habeas Corpus

A legal principle that protects an individual from being unlawfully detained, allowing them to seek a judicial hearing to challenge the legality of their detention or imprisonment.

Dangerous

Characteristic of something that poses a risk or threat to safety, health, or well-being.

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