What is the combination of two companies that join to form one company?
A) merger
B) joint venture
C) cartel
D) conglomerate

Question

Quizplus · Accepted Answer

A merger is the combination of two companies to form one larger company. It involves the transfer of ownership, assets, and liabilities of one company to another. Joint venture refers to a type of partnership where two or more companies join forces for a specific project, while a cartel is an agreement between firms to limit competition, and a conglomerate is a company that owns several smaller companies that operate independently.

What Is the Combination of Two Companies That Join to Form