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Question
Shale Oil Processing Corporation combines its assets and debts with those of Tierra Frakking Company to form United Resources, Inc. Shale and Tierra cease to exist.United Resources acquires
a. all of Shale's and Tierra's assets.
b. half of Shale's and Tierra's assets.
c. none of Shale's and Tierra's assets unless there is a formal transfer.
d. only assets that Shale and Tierra acquired after a combination was proposed.
Answer
This answer is hidden. It contains 1 characters.
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