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Author Question: Which of the following is not a valid restriction in a cooperative interest? A) A requirement to ... (Read 56 times)

joe

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on: Jun 24, 2018
Which of the following is not a valid restriction in a cooperative interest?
 A) A requirement to offer the interest first to the corporation.
 B) A requirement on transfer at death.
 C) A requirement for approval prior to leasing.
 D) All of the above are valid restrictions.

Question 2

If there is a consolidation of corporations A, B, and C: ______.
 A) corporations B and C are absorbed into corporation A, and corporation A continues to exist.
 B) all of the corporations continue to exist.
 C) all corporations continue to exist, but corporation A owns all of the stock of corporations B and C.
 D) corporations A, B, and C cease to exist, and a new corporation with the property and assets of the old corporations comes into being.


phuda

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

D


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