Which of the following is false with regards to the advantages or disadvantages in using a merger as a method of acquisition?

		I. An advantage of a merger is that it is legally complex.
		II. A disadvantage of a merger is that it requires shareholder approval of both firms.
		III. An advantage of a merger is that there is no need to transfer title to the individual assets of the acquired firm to the acquiring firm.
		A. I only
		B. III only
		C. I and II only
		D. II and III only
		E. I, II and III