Which of the Following Companies Will Be Considered as a Conglomerate

question 8

Multiple Choice

Which of the following companies will be considered as a conglomerate?

• A) ExxonMobil, after it acquired XTO Energy-a natural gas company
• B) The Tata Group, active in industries such as tea, steel, IT, power, and automobiles
• C) Harley-Davidson, with its Harley-Davidson branded motorcycle clothing and attire
• D) Coca-Cola, which solely focuses on soft drinks but operates in many countries

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Definitions:

Super-Priority Lien

A lien that takes precedence over all existing liens on a property, ensuring that a particular creditor is paid before any others in the event of a default.

Ace

A term often associated with achieving excellence or a high level of skill in a particular area.

Contractor

A person or corporation that agrees to a contract to supply materials or workforce to execute a service or complete a task.

Lien

A legal right or claim against a property by a creditor to ensure the payment of a debt.