A(n) ________ is the right of the surviving corporation's to sue for debt and damages on behalf of the absorbed corporation.

Question

Quizplus · Accepted Answer

A "chose in action" is a legal right to sue for a personal right or property claim. In the context of a corporation absorbing another, the surviving corporation inherits the right to sue for debts and damages that were owed to the absorbed corporation.

A(n) ________ Is the Right of the Surviving Corporation's to Sue