Two acute care hospitals officially merge. As a result of this merger, all of the following statements are true, EXCEPT:
A) they share one license to operate
B) each hospital retains its ownership and control over its original organization
C) debts and assets are combined
D) there is one central board of directors/trustees, with representatives from each
Of the two original organizations

Question

Quizplus · Accepted Answer

In a merger, the original organizations typically do not retain separate ownership and control; they combine into a single entity.

Two Acute Care Hospitals Officially Merge