Which of the Following Situations Best Describes a Business Combination

question 44

Multiple Choice

Which of the following situations best describes a business combination to be accounted for as a statutory merger?

• A)Both companies in a combination continue to operate as separate,but related,legal entities.
• B)Only one of the combining companies survives and the other loses its separate identity.
• C)Two companies combine to form a new third company,and the original two companies are dissolved.
• D)One company transfers assets to another company it has created.

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Definitions:

Heritability Estimates

Statistical measures that indicate what proportion of variance in a trait among individuals in a given population can be attributed to genetic differences.

Monozygotic Twins

Twins that originate from a single fertilized egg, resulting in genetically identical individuals.

Genetic

Relating to genes or heredity, and the influence of genes on the physical and behavioral characteristics of organisms.

Environmental Factors

External elements, including physical, social, and cultural conditions, that can influence an individual's development and behavior.