Question: [ Choose ] Happy Trails Corp. combines with Mountain Biking, Inc., and after all the proper steps are taken, Happy Trails Corp. no longer exists.


[ Choose ] Happy Trails Corp. combines with Mountain Biking, Inc., and after all the proper steps are taken, Happy Trails Corp. no longer exists. The newly combined company is known as Mountain Biking, Inc. What is the legal term for this combination? [ Choose] When Jeff and Connor register their corporation in Delaware and operate in California, in California what type of corporation is established? [Choose ] Stock that is issued as if fully paid for, when in fact, the value given is actually less than the par value. [ Choose ] Ownership interest in a corporation; holders are able to vote such interest at shareholder's meetings; no special rights attached. [ Choose ] Corporation with a few shareholder that know each other or are related limited partnership shareholder preferred stock member watered stock Rule 10b-5 Registration Statement promoter S-Corporation close corporation general partnership pre-emptive rights common stock limited liability partnership merger public corporation [Choose ] domestic corporation consolidation stock dissociation Section 16(b) limited liability limited partnership corporation by estoppel foreign corporation partner dissolution bonds limited partnership shareholder preferred stock member
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