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What Are the Provisions of § 338 for Avoiding the Abuses

Question 39

Multiple Choice

What are the provisions of § 338 for avoiding the abuses under Kimbell-Diamond?


A) Stock purchases must be treated as a purchase of assets.
B) A subsidiary must be acknowledged to have been acquired with the intent to obtain its assets.
C) It is required that the subsidiary actually be liquidated.
D) All of the above
E) None of the above

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