Sinclair Inc purchases all the assets of Target Inc. after months of negotiation. All of the assets acquired have fair market values in excess of their related tax values. Which of the following willNOTbe a result of this transaction?

Select one:

a.The non-capital loss carry forward of Target Inc. will be lost and cannot be utilized by Sinclair Inc.

b.Goodwill can be recognized and as a result, Sinclair will be able to take CCA deductions in the future.

c.Sinclair will obtain a higher tax value for the assets transferred resulting in higher future CCA deductions.

d.Sinclair will be held liable for future tax reassessments of Target Inc.