ABC Oil Company Ltd. owns 40 oil wells, 4 have potential environmental liability resulting from contamination. DEF Oil Company Ltd. wants to acquire ABC. Should it purchase assets or shares?
A) All of the shares.
B) All of the shares but exclude the four wells.
C) All of the assets.
D) All of the assets but exclude the four wells.
E) Do not buy any of the shares or assets.
Correct Answer:
Verified
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