Identify Which of the Following Statements Is True

Identify which of the following statements is true.

A) Andrews Corporation gives 10% of its stock worth $200,000 and Andrews notes worth $10,000 in exchange for 80% of Baxter Corporation's stock. The exchange qualifies as a Type B reorganization.
B) In a Type B reorganization, with minor exceptions, only voting stock can be used by the acquiring corporation to acquire the target corporation's stock.
C) Both a Type B reorganization or a reverse triangular merger will not allow the target corporation to remain in existence.
D) All of the above are false.