Complete the Following Using the Terms Listed

question 139

Multiple Choice

Complete the following using the terms listed.
-A merger of firms in unrelated industries is called a(n) _____.

• A)small business
• B)corporation
• C)merger
• D)acquisition
• E)horizontal merger
• F)conglomerate merger
• G)Cooperative
• H)vertical merger
• I)business incubators
• J)business plan
• K)alien corporation
• L)preferred stock
• M)Franchising

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Definitions:

Delivery

The process of transporting goods from one location to another or the act of transferring ownership or possession of an asset from a seller to a buyer.

Sale on Approval

A conditional sales agreement allowing the buyer to return the item if it doesn't meet their approval.

Destination Contract

A contract under which the seller is required to deliver goods to a place of destination. The title and risk of loss remain with the seller until the goods reach the place of destination.

Needlework

The art or craft of sewing or embroidering, often done by hand, on fabric.