A business _______ occurs when, for practical purposes, one firm purchases another.
A) merger
B) loss
C) acquisition
D) antitrust violation

Name: A business _______ occurs when, for practical purposes, one firm purchases another. A) merger B) loss C) acquisition D) antitrust violation
Brand: Quizplus
Rating: 4.8 (29 reviews)

Question

Quizplus · Accepted Answer

An acquisition occurs when one company purchases another company, effectively taking control of it. This is the practical outcome described in the statement.

A Business _______ Occurs When, for Practical Purposes, One Firm