In a Share Exchange, Some or All of the Shares

question 14

True/False

In a share exchange, some or all of the shares of one corporation are exchanged for the shares of another, and both corporations cease to exist.

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Definitions:

Function

A mapping from a set of inputs to a set of acceptable outputs, where each input is allocated to a sole output.

Radical Expression

An expression that contains a radical symbol, which denotes the root of a number or expression.

Square Root

A mathematical operation that gives the number which, when multiplied by itself, yields the original number.

Cube Root

The number that, when multiplied by itself three times, gives the original number.