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If a Purchaser Wishes to Purchase the "Business" of a Corporation

Question 67

Multiple Choice

If a purchaser wishes to purchase the "business" of a corporation but does not wish to purchase any undesirable liabilities,the purchaser


A) would purchase all the assets of the corporation.
B) would purchase only some of the shares of the corporation.
C) would not purchase the corporation because it is not possible to purchase a "business" without purchasing both the good and the bad assets.
D) would purchase only the assets of the corporation that the purchaser wants and would not purchase the rest.
E) would purchase all the assets to take advantage of tax breaks.

Correct Answer:

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