The purchase of one corporation by another is referred to as a
A) proxy.
B) cooperative.
C) joint venture.
D) syndicate.
E) merger.

Question

Quizplus · Accepted Answer

The purchase of one corporation by another is known as a merger, which involves combining two separate entities into a single organization. The other options are not relevant to this context - proxy refers to an authorized representative, cooperative involves the collaboration of multiple entities, joint venture is a partnership for a specific purpose, and syndicate involves a group of individuals or organizations working together for a shared goal.

The Purchase of One Corporation by Another Is Referred to as a