A Merger in Which the Target and Acquirer Are in the Same

question 16

Multiple Choice

A merger in which the target and acquirer are in the same industry is called a(n) :

• A)horizontal merger.
• B)vertical merger.
• C)conglomerate merger.
• D)industrial merger.
• E)complementary merger.

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Definitions:

Strict Liability

A legal doctrine that holds individuals or entities liable for damages and harm caused by their actions, regardless of fault or intention.

Comment (m)

Written or spoken remarks expressing an opinion or reaction to something.

Section 402A

Refers to a specific provision within the Restatement (Second) of Torts that deals with the liability of manufacturers and sellers for harm caused by defective products.

Fitness for a Particular Purpose

A warranty that a product will meet the specific needs or criteria outlined by the buyer at the time of purchase.