Kinkaid company a corporation organized under the laws of, Microeconomics

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Kinkaid company a corporation organized under the laws of

Question: Business Law Question

Kinkaid Company, a corporation organized under the laws of State M, after receiving approval by the shareholders, sold the entire assets of the company to Taylor Corp., also a corporation of State M. Sanders, an unpaid creditor of the Kinkaid Company, sued Taylor Corp on her claim. Is Taylor liable? Please explain.

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