Which of the following is not a business combination?
A)Statutory amalgamation
B)Joint venture
C)A company's purchase of 100% of another company's net assets
D)A company's purchase of 80% of another company's voting shares

Question

Quizplus · Accepted Answer

A joint venture is not a business combination, as it is a contractual agreement between two or more parties to undertake a specific business activity together. In contrast, a statutory amalgamation, a company's purchase of 100% of another company's net assets, and a company's purchase of 80% of another company's voting shares are all examples of business combinations.

Which of the Following Is Not a Business Combination