Asked by Zachary Zamborelli on Jun 03, 2024

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After reviewing the plan to ensure that the corporations have satisfied all legal requirements,

A) the secretary of state issues a certificate to grant approval for the merger
B) the SEC must issue a certificate of acceptance of a merger.
C) The courts must approve the legal plans of the merger.
D) The creditors must approve the merger of the assets.
E) The Governor of the incorporating state must approve the merger.

Legal Requirements

Obligatory laws or regulations that individuals or entities must adhere to.

Secretary of State

A high-ranking official in the federal government responsible for foreign affairs and also a key title within state governments in the U.S., overseeing various administrative duties.

Merger Approval

The formal consent given by relevant authorities or stakeholders for the combination of two or more entities into one, subject to compliance with legal and regulatory standards.

  • Comprehend the processes and legal framework governing mergers and acquisitions, including shareholder rights.
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ZK
Zybrea KnightJun 04, 2024
Final Answer :
A
Explanation :
The secretary of state is typically responsible for issuing certificates that grant approval for corporate actions such as mergers, after ensuring that all legal requirements have been satisfied.