Effects

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1. What statutory phrase describes transfer and vesting of constituent rights and property in the effective survivor or co…
2. A constituent has a valid matured receivable on an unpaid share subscription when an effective merger occurs. The subsc…
3. After an effective statutory consolidation, a constituent’s equipment is claimed to remain ownerless until a fresh ordi…
4. An absorbed corporation’s customer owes a valid receivable. After an effective merger the customer insists that it owes…
5. A consolidation becomes effective. The new entity accepts constituent cash but rejects their valid subscription receiva…
6. An effective merger leaves valid unpaid subscription receivables in an absorbed constituent’s books. Explain the surviv…
7. Explain the without-further-act-or-deed effect for constituent personal property in an effective statutory consolidatio…
8. A customer claims an effective merger duplicates one existing debt because both corporate names appear in old and new c…