Fact Pattern 36-1
Grandview Office Suites, Inc., merges with Hilltop Commercial Properties, Inc. Only Hilltop remains.
-Refer to Fact Pattern 36-2. The formation of United Resources is

Question

Fact Pattern 36-1 
Grandview Office Suites, Inc., merges with Hilltop Commercial Properties, Inc. Only Hilltop remains.
-Refer to Fact Pattern 36-2. The formation of United Resources is

Quizplus · Accepted Answer

Grandview Office Suites, Inc., merges with Hilltop Commercial Properties, Inc. Only Hilltop remains. This is a merger, which is a transaction in which one company (Hilltop) acquires all of the assets and liabilities of another company (Grandview) and the acquired company (Grandview) ceases to exist.