A(n)____________________ Occurs When Two or More Firms Combine to Form

question 133

Short Answer

A(n)____________________ occurs when two or more firms combine to form a new firm.

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Definitions:

State Court of Appeals

Intermediate appellate courts in the United States that review decisions of trial courts and agencies, ensuring that the law was applied correctly.

Trial De Novo

A new trial in a court, typically after the decision of a lower court has been challenged, where the case is heard as if no previous trial occurred.

Judicial Districts

Geographic areas established for the administration of justice, each having its own set of courts and judges.

Federal System

A system of government where power is divided between a central governing authority and various constituent units, such as states or provinces.