Through a Certain Transaction, Corporate Properties, Inc

question 26

Multiple Choice

Through a certain transaction, Corporate Properties, Inc., acquires all of the shares of Downtown Realty Corporation for some of Corporate Properties's shares. Both Corporate Properties and Downtown Realty continue to exist. This is

• A) a consolidation.
• B) a share exchange.
• C) a short-form merger.
• D) a termination.

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Definitions:

Lateral Line Organs

A system of sense organs found in aquatic vertebrates, used to detect movement and vibration in the surrounding water.

Stereocilia

Hairlike projections on the surface of certain cells, involved in sensory reception, particularly in the inner ear for hearing.

Basilar Membrane

A crucial structure in the cochlea of the inner ear, responsible for converting sound vibrations into neural signals.

Lateral Line Organs

Sensory organs found in aquatic vertebrates, used to detect movements and vibrations in the surrounding water.