True or False, If False explain:

1. Generally, the substantially all requirement is not violated if assets are sold or other cash are used to satisfy creditors in type A reorganizations

2. In determining the net operating loss deduction allowable under IRC Section 381, the net operating loss of the target corporation can be utilized by the acquiring corporation in the immediately preceding 2 years or in the subsequent 20 years.

3. In determining the usable NOL of the target corporation after an acquisitive reorganization, the acquiring corporation succeeds to attributes of the target corporation with respect to the remaining carryover period under IRC Section 172.