Fact Pattern 41-1A (Questions A3-A5 Apply)

question 38

Multiple Choice

Fact Pattern 41-1A (Questions A3-A5 apply)
Cherry Grove Apartments,Inc.,merges with Dutch Elm Realty,Inc.Only Dutch Elm remains.
-Refer to Fact Pattern 41-1A.Cherry Grove held rights in certain real property.After the merger,Dutch Elm acquires the rights

• A)automatically.
• B)only after completing certain additional statutory procedures.
• C)only Cherry Grove's former shareholders expressly approve.
• D)only if the acquisition is a specified result of the merger.

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Definitions:

Probability Histogram

A graphical representation of the distribution of a set of data, showing the probabilities or frequencies of occurrence of different outcomes.

Probability Z

A measure used in statistics that describes the number of standard deviations a data point is from the mean in a normal distribution.

Continuous Random Variable

A type of random variable that can take an infinite number of values within a given range.

Snow

Precipitation in the form of ice crystals that falls from clouds when air temperatures are below freezing.