Multiple choice

When 2 or more companies are combined into one company where one company survives and the other losed its identity, it is known as

  1. Alliance

  2. Amalgamation

  3. Consolidation

  4. Merger

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Merger is a statutory combination of two or more corporations by the transfer of the properties to one surviving corporation.