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WAEC Commerce 2019 Question 49

Question 49

Business Combinations

The combination of business activities of Abbas Ltd and Denko Ltd to form one large company is

  1. A.an amalgamation.
  2. B.a consortium.
  3. C.an acquisition.
  4. D.a cartel.
Show the answer and explanation

Answer: A (an amalgamation.)

Explanation

When two companies combine to form one new, larger company, it is an amalgamation (merger).