DIY Fasteners Company decides to consolidate its operations with Evergrip Studs,Inc.,to form Fit-Rite Bolts & Screws Inc.
-Evergrip had rights in certain property. After the consolidation,Fit-Rite acquires the rights
A) automatically.
B) only after completing certain additional statutory procedures.
C) only if Evergrip's former shareholders expressly approve.
D) only if the acquisition is a specified result of the consolidation.
Correct Answer:
Verified
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