The following are required to be proven in order to use the failing company doctrine except for which of the following?

Question

Quizplus · Accepted Answer

In order to use the failing company doctrine, the following need to be proven:
A) There is no other reasonable alternative for the failing company.
B) No other purchaser is available.
D) The assets of the failing company would disappear from the market without the merger.
Option C is not a required proof, as a failing company can still be merged even if its management was negligent in running the company.

The Following Are Required to Be Proven in Order to Use