An acquisition occurs when _____. owners of small companies band together to operate their businesses...

90.2K

Verified Solution

Question

Accounting

An acquisition occurs when _____.

owners of small companies band together to operate their businesses collectively

one company purchases the property and assumes the obligations of another company

two or more firms combine to form a single company

one corporation owns 8% of the stock of another corporation

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students