A Transfer Method in Which a Small Firm Is Bought

question 26

Multiple Choice

A transfer method in which a small firm is bought by a larger firm for the purpose of quickly growing the larger firm is referred to as:

• A) IPO.
• B) ESOP.
• C) consolidation.
• D) termination.

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Definitions:

Impeachment Vote

A formal process in which a governing body votes to charge a public official with misconduct.

Senate

One of the two chambers of the United States Congress, with each state represented by two senators, responsible for making federal laws.

Ex-Slaves

Individuals who were formerly enslaved but have been freed or have escaped slavery.

Civil War

A war between citizens of the same country, often stemming from political, social, or economic disagreements.