Which of the following statements is TRUE?

A) Firms can grow externally through mergers and acquisitions.
B) A MERGER involves the formation of a new economic unit from two or more units.
C) An ACQUISITION usually involves a much larger firm acquiring control of a smaller firm.
D) All of the above are true.


D

Business

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Under the Uniform Simultaneous Death Act, if a husband and wife die under circumstances that make it difficult or impossible to determine who died first, the ________.

A. husband's property will go to his relatives and the wife's property to her relatives B. entire property will automatically be distributed among the husband's relatives C. husband's property will automatically be distributed among his siblings D. wife's property will revert to the state

Business

Often the close of the sale comes after the sales presentation.

Answer the following statement true (T) or false (F)

Business

Nett Labs orders 30 desktop computers from iDeal, a local computer dealer. Nett Labs requires that each computer has a 2.6 GHz processor, 500 GB hard disk, and Windows operating system

iDeal supplies 30 desktop computers, each with a 2 GHz processor, 500 GB hard disk, and Windows operating system. Which of the following terms hold true for iDeal's performance? A) complete performance B) material breach C) substantial performance D) anticipatory breach

Business

Products obtained by extraction or harvest that require minimal processing before being used are called ________

A. core products B. secondary resources C. augmented products D. primary commodities

Business