Question: Question 3 The surviving entity in a merger is Responsible for all the debts and obligations of the disappearing corporation Responsible for some of the
Question
The surviving entity in a merger is
Responsible for all the debts and obligations of the disappearing corporation
Responsible for some of the debts and obligations of the disappearing corporation.
Responsible for only of the debts of the absorbed corporations.
Liable for money owed only to banks and not to other creditors of the disappearing corporation.
Responsible only for the debts acknowledged by the disappearing corporation.
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