The Merger of Two Companies in the Same Industry That

question 1

Multiple Choice

The merger of two companies in the same industry that make products required at different stages of the production cycle is called:

• A)economies of scope.
• B)vertical integration.
• C)economies of scale.
• D)horizontal integration.

---

Definitions:

Electronic Transactions

The exchange of goods, services, or funds through digital means or over the Internet, often governed by specific legal standards.

UETA

The Uniform Electronic Transactions Act, which establishes legal validity and enforceability for electronic signatures and records in commercial transactions.

Uniform Commercial Code

Codification of laws intended to standardize the regulation of commercial transactions in the U.S., facilitating the fair and consistent treatment of businesses and consumers.

Common Law

The body of law developed through judicial decisions, as opposed to laws enacted by legislative bodies (statutory law) or in official codes.