When a merger takes place,the surviving corporation issues shares or pays fair consideration to the shareholders of the corporation that ceases to exist.

Name: When a merger takes place,the surviving corporation issues shares or pays fair consideration to the shareholders of the corporation that ceases to exist.
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Question

Quizplus · Accepted Answer

When a merger takes place, the surviving corporation issues shares or pays fair consideration to the shareholders of the corporation that ceases to exist. Therefore, the statement is true.

When a Merger Takes Place,the Surviving Corporation Issues Shares or Pays