At December 31, 20X0, Crowe Company Has 80,000 Common Shares

question 8

Multiple Choice

At December 31, 20X0, Crowe Company has 80,000 common shares outstanding while Dylan Inc. has 40,000 common shares outstanding. Crowe wishes to gain control over Dylan and will enter into a reverse takeover of Dylan to gain Dylan's listing on the stock exchange. In order to facilitate the reverse takeover, which of the following would have to occur?

• A)Dylan would have to issue more than 40,000 shares.
• B)Dylan would have to issue less than 40,000 shares.
• C)Crowe would have to issue less than 80,000 shares.
• D)Crowe would have to issue more than 80,000 shares.

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Definitions:

Maladaptive

Behaviors or thoughts that instead of helping, end up being harmful or obstructing one’s ability to adjust healthily to particular situations or environments.

Homicide

The act of one human killing another, whether lawfully or unlawfully.

Olfactory System

The sensory system responsible for the sense of smell, involving the detection and processing of odor molecules by the olfactory receptors and brain.

Neurons

Specialized cells in the nervous system that transmit information through electrical and chemical signals.