Shale Oil Processing Corporation combines its assets and debts with those of Tierra Frakking Company to form United Resources, Inc Shale and Tierra cease to exist. Burst-o'-Flavor Burger Restaurant Corporation merges with Chick-E Chicken Franchise Corporation, with Burst-o'-Flavor absorbing Chick-E Chicken. After the merger
A) a different, new entity is the surviving corporation
B) Burst-o'-Flavor and Chick-E Chick'n are both surviving corporations.
C) Burst-o'-Flavor is the surviving corporation.
D) Chick-E Chicken is the surviving corporation.
C
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Indicate whether the statement is true or false
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Indicate whether the statement is true or false