Java Corporation wants to purchase all of the assets of Kaffee Corporation. Loki is a Kaffee shareholder. The approval of Loki and other Kaffee shareholders is necessary

A. in all circumstances.
B. in no circumstances.
C. only if Kaffee will be paid with unauthorized, unissued stock.
D. only if Java assumes Kaffee's liabilities as part of the deal.


Answer: A

Business

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