Guaranty Financial Corporation merges with Fraternal Bank Corporation, with Guaranty absorbing Fraternal. After the merger

A. a different, new entity is the surviving corporation.
B. Guaranty and Fraternal are both surviving corporations.
C. Guaranty is the surviving corporation.
D. Fraternal is the surviving corporation.


Answer: C

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Answer the following statement true (T) or false (F)

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Fact Pattern 3-1AMac and Nan engage in a business transaction from which a dispute arises. Mac initiates a lawsuit against Nan by filing a complaint.Refer to Fact Pattern 3-1A. If Nan responds to Mac's complaint by filing a counterclaim, then

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