Identify Which of the Following Statements Is False

Identify which of the following statements is false.

A) In a Type C reorganization, the acquired corporation must distribute stock, securities, and other property it receives to its shareholders.
B) A Type C reorganization is less flexible than a Type A reorganization because of the solely-for-voting stock requirement of a Type C.
C) To qualify as a Type C reorganization, the target corporation must be formally dissolved.
D) In a Type C reorganization, shareholders of the acquiring corporation generally do not have to approve the acquisition.