Which of the Following Is a Similarity Between a Merger

question 92

Multiple Choice

Which of the following is a similarity between a merger and a share exchange?

• A) Both involve the splitting of a single company into multiple smaller companies.
• B) Both require the complete absorption of one company and the sacrifice of its legal existence.
• C) Both involve the continued legal existence of every company involved in the processes.
• D) Both require the recommendation of the board of directors of the companies involved.

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Definitions:

Smelted

The process of extracting a metal from its ore by heating and melting.

Carload

A shipping term denoting the minimum quantity of cargo required for a shipper to qualify for a reduced rate.

Hormone-Free

Refers to animals raised without the use of growth hormones, often used in reference to meat or dairy products.

Stress-Free

A state or condition where an individual experiences no or minimal stress, leading to a sense of calm and tranquility.