A Merger Occurs When One Company Buys Another by Buying

question 18

True/False

A merger occurs when one company buys another by buying its stock.

---

Definitions:

Indorses

Indorses refers to the act of signing the back of a negotiable instrument, like a check, thereby transferring the title or the rights to another party.

Discount Mart

A retail store offering goods at lower prices by typically operating with lower overhead or offering goods in bulk.

Counterfeit Goods

Illegal replicas or imitations of legitimate products intended to deceive consumers.

East Bank

Refers to the land situated on the eastern side of a river or body of water, often used in geographical or political contexts.