Question
Good Day Tutor! Can you help me with my assignment about Business Laws and Regulation? The answer can be short but complete. Thank you in
Good Day Tutor!
Can you help me with my assignment about Business Laws and Regulation?
The answer can be short but complete. Thank you in advance.
Two (2) corporations agreed to merge. They then executed an agreement specifying the surviving corporation and the absorbed corporation. Under the agreement of merger dated November 5, 20NY, the surviving corporation acquired all the rights, properties, and liabilities of the absorbed corporation. What would happen to the absorbed corporation? Must the absorbed corporation undertake dissolution and winding up procedures? Explain your answer.
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