Examlex
Which of the following would not terminate an agency by operation of law?
Short-Form Mergers
A streamlined merger process available when a parent company merges with a subsidiary of which it owns a significant majority.
Consolidation
The act of combining multiple entities, assets, or processes into a single, more effective and efficient structure.
Liabilities
Financial obligations or debts that a company or individual owes, which are recorded on the balance sheet and must be settled over time.
Assets
Resources with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide future benefit.
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