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Winter Corporation consolidates with Summer Corporation to form Spring Corporation. The debts of Winter Corporation are: a. assumed by the stockholders of Winter Corporation. b.

Winter Corporation consolidates with Summer Corporation to form Spring Corporation. The debts of Winter Corporation are: a. assumed by the stockholders of Winter Corporation. b. discharged by the issuance of new stock in Spring Corporation. c. assumed by the new corporation. d. discharged by the process of consolidation

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