Which of the Following Occurs When a Legal Contract Combines

question 40

Multiple Choice

Which of the following occurs when a legal contract combines two or more corporations such that only one of the corporations continues to exist?

• A) A merger
• B) A consolidation
• C) A combination
• D) An alteration
• E) A reorganization

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Definitions:

Costly

Involving great expense; something that requires a high amount of money or resources.

Specific Firm

Refers to a particular company or business entity mentioned or focused upon in a discussion.

Intelligent Enterprise

A business that leverages the latest technologies and data insights to improve decision-making, operations, and customer experiences.

Data Technology

The use of technologies and techniques to acquire, store, process, and analyze data for the purpose of generating information to support decision-making.