If Corporation J and Corporation K combine all of their assets and create a consolidated corporation; Corporation J and Corporation K will cease to exist.

Name: If Corporation J and Corporation K combine all of their assets and create a consolidated corporation; Corporation J and Corporation K will cease to exist.
Brand: Quizplus
Rating: 4.8 (58 reviews)

Question

Quizplus · Accepted Answer

When two corporations merge to form a new consolidated corporation, the original corporations typically cease to exist as separate legal entities.

If Corporation J and Corporation K Combine All of Their