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QUESTION 11 For Macro Corporation to complete a short form merger with its subsidiary. Micro Corporation, the merger must be proved by the board of directors of A Micro only OB. Macro and Micro OC Macro only OD none of the other answers QUESTION 12 4 point Eve and Fran want to market a new line of cooking appliances. To avoid income taxes at the corporate level, they should form O A a close corporation O a private corporation c. a C corporation D. an corporation 4 por QUESTION 13 Digital Equipment Corporation and Electronics Incorporated plan to consolidate. The plan must be approved by A none of the other answers B. their boards of directors only C, their shareholders only Od their boards of directors and their shareholders QUESTION 14 Joe and Diana form Consumer Goods Incorporated Ultimate responsibility for policymaking decisions necessary to the management of corporate affairs rests with Consumer's O A officers B. board of directors. C. incorporators D. shareholders QUESTION 15 Ace Tool Corporation and Best Hardware Corporation combine so that all that remains after the papers have been signed is Ace Tool Corporation. This is O A a purchase of stock Ba consolidation C. a purchase of assets. D. a merger