3. A merger between Beatrice Tea Corporation and Camden Tea Inc. can be expressed as Beatrice Tea plus Camden Tea equals

a. Camden Tea Inc.

b. Beatrice Tea Corporation.

c. Camden Tea Inc. and Beatrice Corporation

d. Beatrice Corporation and Camden Tea Inc.

Fact Pattern: Drako's Cakes Fasteners Company decides to consolidate its operations with Everett's Flour, Inc., to form Flora's Baking, Inc.

5. Refer to Fact Pattern 41-1. Everett had rights in certain property. After the consolidation, Flora acquires the rights

a. automatically.

b. only after completing certain additional statutory procedures.

c. only if Everett's former shareholders expressly approve.

d. only if the acquisition is a specified result of the consolidation.