Question 11 1 pts Which of the following is a false statement? D Corporation buys E Corporation. It is agreed that D will absorb E. This business deal is typically called a merger. A limited partnership consists of at least one general partner. Unlike the members of a partnership, the liability of a corporation's shareholders is limited to the amount of their investment in the corporation. A close or closely-held corporation is exempt from all corporate "legalities" such as filing an articles of incorporation. 1 pts Question 12 74% Question 9 1 pts Which of the following is a FALSE statement about contract formation? A counteroffer is merely a return offer which continues the negotiations to form a contract The Mirror Image rule requires that an acceptance must have the same terms as the offer. An inquiry will not be construed as a counteroffer. If the means of an acceptance is deemed "reasonable," the acceptance will be legally effective on its dispatch. 74%