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Question 20 Not yet answered Prior to being acquired, a transferor corporation spins off its unwanted assets to shareholders. It subsequently transfers its remaining assets to the acquiring corporation solely for voting stock of the acquiring corporation. Could the acquisition qualify as a Type C reorganization? Could the acquisition qualify as a Type A reorganization? Points out of 1.00 Select one or more: Flag question a. No, this transfer does not qualify as a Type A or a Type C reorganization b. The transfer qualifies as a type C reorganization if the transfer to the acquirer company constitutes substantially all of the asset of the transferor (i.e., the transfer is at least 70% gross assets and 90% net assets prior to the spin-off). c. This transfer may qualify as a Type C reorganization but cannot qualify as a Type A reorganization d. The transfer may qualify as a Type A reorganization if other conditions of the Type A reorganization (such as shareholder approval, liability assumption, etc.) are met. e. This transfer may qualify as a Type A reorganization but cannot qualify as a Type C reorganization