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Hi can someone help me with this question please? X Corporation creates a subsidiary, Y Corporation, with the same ofcers and directors as X corporation.

Hi can someone help me with this question please?

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X Corporation creates a subsidiary, Y Corporation, with the same ofcers and directors as X corporation. Y Corporation sells its product only to X Corporation, and at a very low price. After 3 years Y Corporation is insolvent. X Corporation is not liable for Y Corporation's debts. 0 True 0 False

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