In A(n)________,one Company Simply Buys a Controlling Interest in the Voting

question 7

Multiple Choice

In a(n) ________,one company simply buys a controlling interest in the voting stock of another company.

• A) limited partnership
• B) consolidation
• C) acquisition
• D) joint venture
• E) strategic alliance

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Definitions:

Computer System

An integrated set of hardware and software designed to process data and produce outputs.

Ponzi Scheme

A fraudulent investing scam promising high rates of return with little risk by paying earlier investors with the funds from more recent investors.

Bait And Switch

A deceptive marketing practice where customers are lured with the promise of a product or service at a certain price, only to find it unavailable and replaced with a more expensive option.

Account Kiting

The illegal practice of exploiting banking systems to create artificial funds by writing checks between several accounts.