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Question
Fact Pattern 40-1AAA Apartments, Inc., merges with Better Rentals, Inc. Only AAA remains.
Refer to Fact Pattern 40-1. Better Rentals owed money to Construction Repair Associates and other creditors. After the merger, AAA must pay
a. all of Better Rentals' debts.
b. half of Better Rentals' debts.
c. none of Better Rentals' debts.
d. only debts that Better Rentals incurred after a merger was proposed.
Answer
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Fact Pattern 41-1
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