If an automobile company purchases an accessory manufacturing division from another automobile company,then the latter company's transaction with the former is an example of a
A)consignment
B)wharfage
C)sell-off
D)spin-off

Question

Quizplus · Accepted Answer

This transaction is an example of a sell-off, where one company sells part of its operations or assets to another company. In this case, the accessory manufacturing division is being sold to another automobile company.

If an Automobile Company Purchases an Accessory Manufacturing Division from Another