Fact Pattern 41-2?
Shale Oil Corporation combines its assets and debts with those of Tierra Frakking Company to form Unified Resources, Inc. Shale and Tierra cease to exist
Refer to Fact Pattern 41-2. The formation of Unified Resources
is?
a. a purchase of assets
b. a merger
c. a consolidation
d. a share exchange
Refer to Fact Pattern 41-2. Unified Resources acquires
a. all of Shale's and Tierra's assets.
b. none of Shale's and Tierra's assets unless there is a formal
transfer
c. only assets that Shale and Tierra acquired after a combination
was proposed
d. half of Shale's and Tierra's assets
Refer to Fact Pattern 41-2. Unified Resources assumes?
a. only debts that Shale and Tierra incurred after a combination
was proposed
b. none of Shale's and Tierra's debts unless there is a formal
transfer of liability
c. all of Shale's and Tierra's debts
d. half of Shale's and Tierra's debts
The
formation of Unified Resources is?
a.
a purchase of assets
Unified Resources acquires
a) all of Shale's and Tierra's assets
Unified Resources assumes?
c. all of Shale's and Tierra's debts
All the answers are given on the bases of parternership laws in
U.S.A.
Fact Pattern 41-2? Shale Oil Corporation combines its assets and debts with those of Tierra Frakking...
Fact Pattern 31-1 Outlook Inc. merges with Pinnacle Inc. Only Pinnacle remains. Refer to Fact Pattern 31-1. Outlook held rights in certain real property. With regard to these assets, in the merger Pinnacle assumes a. all of Outlook’s assets. b. an amount of assets equal to the ratio of the firms’ pre-merger market values. c. none of Outlook’s assets. d. only those assets acquired after the merger was proposed.
Chapter overview 1. Reasons for international trade Resources reasons Economic reasons Other reasons 2. Difference between international trade and domestic trade More complex context More difficult and risky Higher management skills required 3. Basic concept s relating to international trade Visible trade & invisible trade Favorable trade & unfavorable trade General trade system & special trade system Volume of international trade & quantum of international trade Commodity composition of international trade Geographical composition of international trade Degree / ratio of...