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If the Court Determines That a De Facto Merger Occurred

Question 22

Multiple Choice

If the court determines that a de facto merger occurred,


A) The corporation will lose its limited liability benefit.
B) The new company will be released from all its liabilities and debts.
C) The new company will need to be declared a new company by judicial decree.
D) The merged company will still incur the preexisting debts and liabilities.

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