Shale Oil Processing Corporation combines its assets and debts with those of Tierra Frakking Company to form United Resources, Inc Shale and Tierra cease to exist. The formation of United Resources is?
A) a consolidation
B) a merger.
C) a purchase of assets.
D) a share exchange.
A
You might also like to view...
What is a system in which either employees or the system itself can override the normal delivery system to fix guest problems when it fails?
a. self-correcting system b. self-overriding system c. self-healing system d. Plan B system
The percentage of net sales method of estimating uncollectible accounts is in violation of the matching principle
Indicate whether the statement is true or false
Contracting with a third party or an external company to manufacture a good or deliver a service is known as ______.
a. offshoring b. outsourcing c. domestic production d. internalization
Josh uses his father's yard equipment to start up a lawn mowing business during summer break from school, to earn enough money to buy books in the fall. According to the entrepreneurial strategy matrix, Josh's business can be described as
A. high innovation/low risk. B. high innovation/no risk. C. low innovation/low risk. D. high innovation/high risk. E. low innovation/high risk.