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A) An investment bank announces the merger of its banking associate with itself

Accounting Nov 20, 2020

A) An investment bank announces the merger of its banking associate with itself. This amounts to:

(a) Insider trading    (b) Core investment banking

(c) Universal banking    (d) Non-banking financing

(e) Conglomerate banking

B)  In a scheme of merger, Doctor Ltd. decides to keep its intellectual property out of the merger scheme by transferring it to a third company prior to the merger. This is proposed so as to retain the IP advantage for the future. The other company in the scheme, Gambler Ltd. opposes the move and objects to the scheme for being fraudulent. Can the Court overrule either party and decide the case?

(a) Yes      (b) No

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