A Business Merger Differs from a Business Consolidation Because

question 37

Multiple Choice

A business merger differs from a business consolidation because

• A)a merger dissolves all but one of the prior entities,but a consolidation dissolves all of the prior entities and forms a new corporation.
• B)a consolidation dissolves all but one of the prior entities,but a merger dissolves all of the prior entities.
• C)a merger is created when two entities join,but a consolidation is created when more than two entities join.
• D)a consolidation is created when two entities join,but a merger is created when more than two entities join.