Ha Ltd and Hee Ltd

question 9

Multiple Choice

Ha Ltd. and Hee Ltd. exchanged shares in a business combination. After the share exchange, each company held the same number of voting shares. Which of the following statements is true?

• A)The company with the highest net assets is considered the acquirer.
• B)The companies must ask the courts to decide which company is the acquirer.
• C)A number of factors must be considered to determine which company is the acquirer.
• D)There is no acquirer as this is not a proper business combination.

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Definitions:

Labour Relations Board

A government agency responsible for administering labor law and mediating disputes between employers and employees, including issues related to unionization and collective bargaining.

Dissatisfaction

A feeling of unhappiness or discontentment with an aspect of one’s job or working environment.

Working Conditions

The environment in which an individual works, including aspects like safety, hours, physical demands, and the psychological atmosphere.

Employee Association

An organization of workers formed to promote their collective interests, rights, and well-being within the workplace.