In a Short-Form Merger,the Parent Corporation Must Own at Least

question 30

Multiple Choice

In a short-form merger,the parent corporation must own at least ______ percent of the outstanding shares of each class of the subsidiary's stock.

• A) 90
• B) 75
• C) 50
• D) 40
• E) 30

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Definitions:

Glycoproteins

Proteins that have carbohydrate groups attached to the polypeptide chain, playing key roles in cellular functions such as cell-to-cell interaction.

Phospholipids

A class of lipids that are a major component of all cell membranes as they can form lipid bilayers.

Hydrophilic Head

The part of a molecule, especially in lipids, that is attracted to water, allowing it to interact favorably with aqueous environments.

Hydrophobic Tails

Parts of molecules that are repelled by water but are attracted to fats and oils, often found in lipid structures such as cell membranes.