________ Involves the Combination of Firms in Unrelated Businesses

question 133

Multiple Choice

________ involves the combination of firms in unrelated businesses.

• A) Congeneric merger
• B) Conglomerate merger
• C) Horizontal merger
• D) Vertical merger

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Definitions:

Freedom of Contract

The principle that individuals have the liberty to freely enter into agreements and contracts without undue government interference.

Creators’ Obligations

Duties and responsibilities that creators, such as authors, artists, and designers, owe to their clients, sponsors, or the public, which may include originality, quality, and copyright adherence.

Promissory Estoppel

A legal principle that prevents a promisor from retracting a promise which the promisee relied on, leading to a detriment.

Equitable Doctrine

Legal principles developed by courts based on fairness and justice, used to supplement and correct strict legal rules that might lead to unfair results.