Statement regarding the share? exchange


Question: Which of the following is an INCORRECT statement regarding a share? exchange? Question content area bottom Part 1 A. One corporation can acquire all the shares of another corporation through a share exchange. B. A share exchange cannot be used to create a holding company arrangement. C. After a share? exchange, one corporation owns all the shares of the other corporation. D. In a share? exchange, both corporations retain their separate legal existence. E. The parent corporation becomes the sole shareholder of the subsidiary corporation.

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Accounting Basics: Statement regarding the share? exchange
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