Question

Fact Pattern 40-1
AAA Apartments, Inc., merges with Better Rentals, Inc. Only AAA remains.
Refer to Fact Pattern 40-1. Better Rentals, Inc., held rights in certain real property. After the merger, AAA acquires the rights
a. automatically.
b. only after completing certain additional statutory procedures.
c. only Better Rental's former shareholders expressly approve.
d. only if the acquisition is a specified result of the merger.

Answer

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