A corporation that purchases the assets of another corporation always assumes the selling corporations liabilities. (True/False)
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A corporation that purchases the assets of another corporation always assumes the selling corporation’s liabilities. (True/False)
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False When a corporation purchases the assets of another corporation it doe...View the full answer
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Related Book For 
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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