In which of the following reorganizations does the distributing corporation transfer all of its assets to two controlled corporations before the distributing corporation dissolves?

Question

Quizplus · Accepted Answer

In a split-up reorganization, a distributing corporation transfers all of its assets to at least two controlled corporations before it dissolves. Therefore, option C is the correct answer. Split-off is a type of reorganization where a parent company transfers the stock of a subsidiary to its own shareholders, while spin-off involves the process of creating a new, independent company by separating a division or business unit from a parent company. Type C reorganization is not relevant to the scenario described in the question.

In Which of the Following Reorganizations Does the Distributing Corporation