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QUESTION 11 For Macro Corporation to complete a short for margor with its subsidiary, Mer Corponton, The merger must be approved by the board(s) of

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QUESTION 11 For Macro Corporation to complete a short for margor with its subsidiary, Mer Corponton, The merger must be approved by the board(s) of directors of OF Macro and Macros OF Macro only D. none of the other ansoon. QUESTION 12 point Eve and Fron want to market a new line of cooking appliances, To avoid income taxes at the corporate level tury should form A a dose corporation. B a private corporation. O G. a G corporation. )D. an S corporation QUESTION 13 4 poi Digital Equipment Corporation and Electronics Incorporated plan to consolidato. The plan must be approved by A none of the other answers, O B. their boards of directors only. OG, 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 A officers OB. board of directors. G. incorporators. OD. shareholders. QUESTION 15 Ace Tool Corporation and Best Hardware Corporation combine so that all that remains after the papers have been signed in Ace Tool Corporation. This is A a purchase of stock OB. a consolidation. Cia purchase of assets. OD. a merger

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