ASSIGNMENT 5 Problem 1. X Corporation is engaged in selling pencils on wholesale basis. It is merely renting a bodega and 9010 of its assets consist of its stocks of pencil. \"A", a school supply dealer, purchased all the stocks of X Corporation. Is the transaction a sale of substantially all of the assets of the corporation requiring concurrence of stockholders representing 2/3 of the outstanding capital stock? Why? Problem 2. \"A\