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Which of the Following Occurs When a Legal Contract Combines

question 40

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Which of the following occurs when a legal contract combines two or more corporations such that only one of the corporations continues to exist?


Definitions:

Personal Skills

Abilities or competencies that relate to the way individuals manage or direct their actions in both social and professional situations.

Chronological Age

The amount of time that has passed from a person's birth to a specific date, measured in years, months, and days.

Hierarchy of Needs

A theory proposed by Abraham Maslow suggesting that people are motivated to fulfill basic needs before moving on to other, more advanced needs.

Sandwich Generation

A generation of people responsible for bringing up their own children and for the care of their aging parents.

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