In case of .............., one existing company takes over the business of another company and no new company is formed. (A)Amalgamation (B)Absorption (C)Reconstruction (D) None of the Above

In case of .............., one existing company takes over the business of another company and  no new company is formed.
(A)Amalgamation
(B)Absorption
(C)Reconstruction  
(D) None of the Above
by

1 Answer

Answer :

B)Absorption
by

Related questions

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Which of the following statements is true in relation to liabilities? A. Claims against the resources. B. Currently existing obligations which the firm intends to meet at some time in the future. C. It must be capable of being expressed in money terms. D. All of the above

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