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Which of the following statements is not true in relation to assets acquisition? Select one: O Assets and liabilities accounts of the combinee will be

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Which of the following statements is not true in relation to assets acquisition? Select one: O Assets and liabilities accounts of the combinee will be transferred to the combinor O it is lower cost compared to stock acquisition Control is obtained over the combinee by acquiring 100% of its net assets O combinee and combinor become one legal entity

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