Which of the following expansion strategies results in the formation of an entity that is an entirely new corporation?

Question

Quizplus · Accepted Answer

A consolidation results in the formation of an entirely new corporation that combines the assets and liabilities of the merging firms to create a new legal entity. A cash merger, noncash merger, takeover, and asset purchase do not typically result in the formation of a new corporation.

Which of the Following Expansion Strategies Results in the Formation