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1.Differentiate Merger and Consolidation. 2.What are the effects of stock delinquency? 3.What is the difference between dissolution and liquidation? 4.What are the different modes of

1.Differentiate Merger and Consolidation.

2.What are the effects of stock delinquency?

3.What is the difference between dissolution and liquidation?

4.What are the different modes of dissolution?

5.Can a non-stock corporation offset unused contributions of members against the balance of receivables from the same members?

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