A Merger That Is Neither Horizontal nor Vertical Is Called

question 150

Multiple Choice

A merger that is neither horizontal nor vertical is called a

• A)tying merger.
• B)conglomerate merger.
• C)Herfindahl merger.
• D)natural merger.

Grasp the basics of software development and the terminology related to it.

Understand the distinction between application software and systems software.

Comprehend how application software and systems software relate to each other, to hardware, and to the user.

Identify daily examples of application software.

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Definitions:

Undisclosed Principal

An undisclosed principal is a party in a contractual agreement who remains unknown to the other party or parties involved.

Unidentified Principal

In agency law, this refers to a situation where an agent acts on behalf of a principal who is not disclosed to the third party at the time of the transaction.

Liability

The state of being legally responsible for something, typically involving financial or legal obligations that result from one's actions or agreements.

Contractual Authority

The power granted to an individual or entity to enter into legally binding contracts on behalf of another person or organization.