Which of the Following Is Not True of Mergers

question 99

Multiple Choice

Which of the following is not true of mergers?

• A) Liabilities and assets transfer automatically
• B) May be subject to transfer taxes.
• C) No minority shareholders remain.
• D) May be time consuming due to need for shareholder approvals.
• E) May have to pay dissenting shareholders appraised value of stock

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Definitions:

Elastic

A term used to describe a situation where the demand or supply for a good or service significantly changes in response to a change in price.

Inelastic

Describes a situation in demand or supply where the quantity demanded or supplied changes by a smaller percentage than the changes in price.

Illinois Commerce Commission

A regulatory agency in Illinois responsible for overseeing utility services, including electricity and gas, to ensure fair practices and rates for consumers.

Commuter Rates

The fares or fees charged for transportation services, especially for those traveling to and from work.