Which of the following best defines a merged corporation?
A) a corporation that is absorbed in the merger and ceases to exist after the merger
B) a corporation that is absorbed in the merger and continues to exist after the merger
C) a corporation that is not absorbed in the merger but acquired stake in the surviving corporation
D) a corporation that is not absorbed in the merger but is owned by a parent company
A
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As the frequency of arbitration increases, disenchantment with the adequacy and fairness of the process develops, and the parties may resort to other means to resolve their disputes. This describes the
A. narcotic effect. B. half-life effect. C. biasing effect. D. chilling effect.
New Corporation had net income for 2016 of $80,000
New Corporation had 13,000 shares of common stock outstanding at the beginning of the year and 24,000 shares of common stock outstanding at the end of the year. There were 12,000 shares of preferred stock outstanding all year. During 2016, New Corporation declared and paid preferred dividends of $21,000. What is New Corporation's earnings per share? (Round the answer to two decimal places.) A) $3.33 B) $3.19 C) $4.32 D) $2.46
The most common form of agency relationship is employer-employee
a. True b. False Indicate whether the statement is true or false
Resource Remarketers, Inc., offers to buy crude oil from Petro Producers, Inc. The parties later dispute the deal in court. Petro's claim that Resource ordered 10,000 gallons and Resource's testimony that it ordered only 1,000 gallons
A. prevents the enforcement of any contract between these parties. B. supports an enforceable contract for 10,000 gallons. C. supports an enforceable contract for 5,500 gallons. D. supports an enforceable contract for 1,000 gallons.