A Short-Form Merger Does Not Require the Approval of the Board

question 43

True/False

A short-form merger does not require the approval of the board of directors of the subsidiary corporation.

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Definitions:

Preoperational

A stage in Piaget's theory of cognitive development where children ages 2-7 start to use symbols but still lack logical reasoning.

Cognitive Development

The process by which individuals acquire and evolve their abilities in thinking, reasoning, and understanding through various stages of life.

Piaget

A Swiss psychologist best known for his pioneering work in the field of developmental psychology and his theory of cognitive development in children.

Conservation

The protection, preservation, management, or restoration of natural environments and the ecological communities that inhabit them.