Which of the Following Statements Does Not Describe a Requirement

question 120

Multiple Choice

Which of the following statements does not describe a requirement that must be met in a tax-deferred forward triangular merger?

• A)The 40 percent continuity of interest test must be met with respect to the stock transferred from the acquisition corporation to the target corporation shareholders.
• B)The acquirer must hold substantially all of the target corporation's properties after the merger.
• C)The continuity of business enterprise test must be met with respect to the target corporation.
• D)The target corporation shareholders must receive voting stock in the acquiring corporation.

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Definitions:

Router

A networking device that forwards data packets between computer networks, directing internet or other network traffic efficiently.

Cat 6A

An abbreviation for Category 6 Augmented, a standard for Ethernet cables that supports bandwidths up to 500 MHz and distances up to 100 meters.

Cat 5E

An enhanced version of Category 5 cable, designed to support faster networks with a higher performance and reduced crosstalk.

Radio Waves

Electromagnetic waves used for wireless communication, transmitting audio, video, and data information across distances without requiring a physical conductor.