Identify Which of the Following Statements Is True

question 48

Multiple Choice

Identify which of the following statements is true.

• A)To qualify as a Type A reorganization,the IRS currently requires at least 40% of the total consideration used must be acquiring corporation stock.
• B)A Type A reorganization has the advantage of avoiding the acquisition of unknown and contingent liabilities.
• C)A merger usually involves the approval of all of the shareholders of both corporations.
• D)All of the above are false.

---

Definitions:

Virtual Teams

Collaborative groups that operate and interact primarily through electronic communications, overcoming geographical and temporal barriers.

Team Effectiveness

The degree to which a team achieves its goals, works well together, and produces desired outcomes.

Context

The circumstances, atmosphere, attitudes, and events surrounding a term, concept, or event that helps give it meaning.

Internal Environment

The conditions, entities, and factors within an organization that influence its activities and choices.