In a merger situation,which of the following is a term for the corporation that does not continue to exist?
A) The declined corporation
B) The removed corporation
C) The absorbed corporation
D) The concealed corporation
E) The deceased corporation

Question

Quizplus · Accepted Answer

A useful way to understand a merger is to think of one corporation absorbing another corporation (called an absorbed corporation or a disappearing corporation), yielding a single surviving corporation.

In a Merger Situation,which of the Following Is a Term