Which of the following actions could be acceptable if the purpose is to prevent a company from going bankrupt?

Name: Which of the following actions could be acceptable if the purpose is to prevent a company from going bankrupt?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A merger with another firm could provide the financial resources needed to prevent bankruptcy, as well as the potential for cost savings and increased efficiency. However, price-fixing, price floor, and resale price maintenance would be illegal anticompetitive practices.

Which of the Following Actions Could Be Acceptable If the Purpose