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:

Concept Formation

The mental process of categorizing information into meaningful groups or concepts, allowing for easier understanding and recall.

Conceptualization

The process of developing clear, rigorous, systematic ideas or theories about an aspect of the world or a study subject.

Syllogism

A form of logical reasoning where a conclusion is drawn from two given or assumed propositions (premises).

Inductive Reasoning

A method of reasoning in which general principles are inferred from specific observations.