Fact Patter 41-2APetro Drilling Corporation combines its assets and debts with those of Oil Refining Company to form New Energy, Inc.Refer to Fact Pattern 41-2A. New Energy assumes
A. all of Petro's and Oil's assets.
B. half of Petro's and Oil's assets.
C. none of Petro's and Oil's assets.
D. only debts that Petro and Oil incurred after a combination was proposed.
Answer: A
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