Which of the Following Statements Is True Regarding a Statutory

question 39

Multiple Choice

Which of the following statements is true regarding a statutory consolidation?

• A) The original companies dissolve while remaining as separate divisions of a newly created company.
• B) Both companies remain in existence as legal corporations with one corporation now a subsidiary of the acquiring company.
• C) The acquired company dissolves as a separate corporation and becomes a division of the acquiring company.
• D) The acquiring company acquires the stock of the acquired company as an investment.
• E) A statutory consolidation is no longer a legal option.

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Definitions:

Catalyst

A substance that increases the rate of a chemical reaction without undergoing any permanent chemical change itself.

Molecular Level

Referring to the scale at which properties and behaviors of molecules, including interactions and reactions, can be studied and observed.

Alternate Pathway

A secondary or subsidiary route or method different from the main one, often used in biochemical reactions or processes.

Homogeneous Catalysts

Catalysts that exist in the same phase as the reactants in a chemical reaction, facilitating the reaction without being consumed.