Which of the Following Is True of Successor Organizations

Which of the following is true of successor organizations?

A) Where ownership changes but operations continue unchanged,the new owner must honor the existing contract but need not recognize the union.
B) Where operations continue but,because of layoffs and/or new hires,the union lacks a majority,the employer has to strictly honor a contract.
C) When a closed firm is reopened by new owners,the bargaining relationship continues if a majority of the employees worked for the former company and were in a represented unit.
D) A firm that acquires or merges with another firm need not honor the existing contractual obligations.