Manmade Products Corporation and Natural Goods Company combine so that all that remains after the papers have been signed is Manmade Goods. This is

Question

Manmade Products Corporation and Natural Goods Company combine so that all that remains after the papers have been signed is Manmade Goods. This is​

Quizplus · Accepted Answer

A merger involves two companies combining to form a new entity. In this case, Manmade Products Corporation and Natural Goods Company combine to form Manmade Goods. A consolidation typically involves the dissolution of one entity and the absorption of its assets by another. A purchase of assets would involve one company buying the assets of another, while a share exchange involves the exchange of shares between two companies.

Manmade Products Corporation and Natural Goods Company Combine So That