Asked by zachery spence on Jul 27, 2024
Verified
A merger will not affect the rights and liabilities of the corporations involved.
Merger
The combination of two or more companies into a single legal entity, often to achieve greater efficiencies of scale and scope.
Rights and Liabilities
Legal entitlements and responsibilities held by individuals or entities under the law.
- Grasp the financial implications for creditors in mergers and the assumption of liabilities.
Verified Answer
KM
Kayla MelderAug 01, 2024
Final Answer :
False
Explanation :
A merger can significantly affect the rights and liabilities of the corporations involved, as they may be combined, transferred, or altered in accordance with the terms of the merger agreement and applicable laws.
Learning Objectives
- Grasp the financial implications for creditors in mergers and the assumption of liabilities.