Identify Which of the Following Statements Is True

question 22

Multiple Choice

Identify which of the following statements is true.

• A)Both a Type B reorganization or a reverse triangular merger will not allow the target corporation to remain in existence.
• B)Andrews Corporation gives 10% of its stock worth $200,000 and Andrews notes worth $10,000 in exchange for 80% of Baxter Corporation's stock. The exchange qualifies as a Type B reorganization.
• C)In a Type B reorganization, with minor exceptions, only voting stock can be used by the acquiring corporation to acquire the target corporation's stock.
• D)All of the above are false.

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Definitions:

You-Viewpoint

Writing or speaking approach that prioritizes the perspective and needs of the audience, aiming to engage them more effectively.

Business Communication

The sharing of information between people within and outside an organization in a professional, clear, and effective manner.

Bad-News Messages

Communications that convey disappointing, negative, or unfavorable information to an individual or group, often requiring careful wording to maintain good relations.

Formal Style

A writing or speaking style characterized by precise grammar, vocabulary, and a tone that follows traditional rules and shows respect towards the audience.