Fact Pattern 31-3 Bank Company Decides to Combine Its Operations

question 8

Multiple Choice

Fact Pattern 31-3 Bank Company decides to combine its operations with Credit Corporation to form Debit Finance Inc. Bank and Credit are domestic corporations.
Refer to Fact Pattern 31-3. Mergers, consolidations, and share exchanges of domestic corporations are authorized

• A) in all states.
• B) in most states.
• C) in no states.
• D) by the federal government.

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