American Corporation acquires all of the noncash assets which have $ adjusted basis and $ FMV and all of the liabilities of $ of Texas Corporation in exchange for $ of American Corporations voting common stock. The transaction does not meet the corporation laws of the state the transactions occurs. The transaction can be classified as a

A Type A reorganization.

B Type B reorganization.

C Type C reorganization.

D The transaction does not qualify as a taxfree reorganization.