What is the term for when two companies agree to combine operations to form a new company?
A)limited partnership
B)acquisition
C)merger
D)limited liability corporation

Question

Quizplus · Accepted Answer

A merger is when two companies agree to combine operations to form a new company. A limited partnership is a type of business formation where there are general partners and limited partners, an acquisition is when one company acquires another company, and a limited liability corporation is another type of business formation where the owners have limited liability for the company's debts.

What Is the Term for When Two Companies Agree to Combine