Question: In a de facto merger: Question 1 0 options: Only California law applies Bidders may be able to avoid all the target's liabilities Bidders own

In a de facto merger:
Question 10 options:
Only California law applies
Bidders may be able to avoid all the target's liabilities
Bidders own at least 30% of the target's stock
The bidder is considered to have acquired the target even if no formal acquisition took place

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