An acquisition occurs when _____.
A)one company purchases the property and assumes the obligations of another company
B)one corporation owns 8% of the stock of another corporation
C)owners of small companies band together to operate their businesses collectively
D)two or more firms combine to form a single company

Question

Quizplus · Accepted Answer

An acquisition is defined as the process where one company purchases the property and assumes the obligations of another company, effectively taking it over.

An Acquisition Occurs When _____