In a Short-Form Merger,the Parent Corporation Must Own at Least

question 73

Multiple Choice

In a short-form merger,the parent corporation must own at least percent of the outstanding shares of each class of the subsidiary's stock.

• A)75
• B)30
• C)90
• D)40
• E)50

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Definitions:

Trade

The exchange of goods and services between individuals or entities, often across borders, which can improve efficiency and contribute to economic growth.

Enforced

Implemented or imposed by authority to ensure compliance with laws, rules, or regulations.

Accountable

Being responsible or answerable for actions or decisions, often in a legal or moral context.