passwella.
Menu

WAEC Commerce 1991 (August) Question 97

Question 97

Business Combinations

The outright purchase of one company by another is called

  1. A.absorption
  2. B.merger
  3. C.cartel
  4. D.acquisition
  5. E.privatization
Show the answer and explanation

Answer: D (acquisition)

Explanation

When one company buys another outright it is an acquisition (takeover).