Grandview Office Suites, Inc, merges with Hilltop Commercial Properties, Inc Only Hilltop remains.? ?Grandview owed money to Innovative Décor, Inc, and other creditors. After the merger, Hilltop must pay
A) all of Grandview's debts
B) half of Grandview's debts.
C) none of Grandview's debts unless there is a formal transfer of liability.
D) only debts that Grandview incurred after a merger was proposed.
A
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Under the gross method, when the credit card processor deposits the cash proceeds from credit and debit card sales ________.
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