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The Complete Absorption of One Company by Another,wherein the Acquiring

question 61

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The complete absorption of one company by another,wherein the acquiring firm retains its identity and the acquired firm ceases to exist as a separate entity,is called a:


Definitions:

Employer

An individual or organization that hires and pays people to perform work or services.

Employment Relationship

A legal and formal relationship between an employer and an employee characterized by the payment of wages or salary in exchange for work performed.

ADR Panel

A group of independent and neutral experts selected to conduct and oversee alternative dispute resolution processes, such as arbitration or mediation.

Proactive ADR

A forward-thinking approach to alternative dispute resolution, aiming to address and manage conflicts before they escalate to litigation.

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