When two or more corporations are combined,and neither of the original corporations continues to exist legally,it is called:

Question

Quizplus · Accepted Answer

A)Like mergers,consolidations legally combine two or more corporations.In a
consolidation,however,neither of the original corporations continues to exist legally.
B)Like mergers,consolidations legally combine two or more corporations.In a consolidation,however,neither of the original corporations continues to exist legally.
C)Like mergers,consolidations legally combine two or more corporations.In a consolidation,however,neither of the original corporations continues to exist legally.
D)Like mergers,consolidations legally combine two or more corporations.In a consolidation,however,neither of the original corporations continues to exist legally.
E)Like mergers,consolidations legally combine two or more corporations.In a consolidation,however,neither of the original corporations continues to exist legally.

When Two or More Corporations Are Combined,and Neither of the Original