A Consolidation

question 81

Multiple Choice

A consolidation:

• A) has precisely the same result as a merger.
• B) requires the assent of both corporations' board of directors and shareholders.
• C) is always illegal (in contrast to mergers, which are legal under some state laws).
• D) is the most typical form of business combination used today.

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Definitions:

Housing Authority

A government agency at local, state, or national level that is responsible for developing and managing public housing and related services.

Fair Hearings

A legal proceeding where individuals have the opportunity to present their case or dispute against government decisions or actions affecting their rights, often related to public assistance or services.

Legal Appeals

The process of seeking a formal change to an official decision through a higher court or authority.

Political Pressure

Influence exerted by groups or individuals aimed at affecting government policy or decisions.