Question

A business merger differs from a business consolidation because

A) a merger dissolves all but one of the prior entities, but a consolidation dissolves all of the prior entities.

B) a consolidation dissolves all but one of the prior entities, but a merger dissolves all of the prior entities.

C) a merger is created when two entities join, but a consolidation is created when more than two entities join.

D) a consolidation is created when two entities join, but a merger is created when more than two entities join.

Answer

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