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Business Studies

Joint Venture and Its Features

A company cre...

Question

A company created jointly by two or more companies for mutual advantage is called _____________.

A

Consolidation

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B

Merger

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C

Joint Venture

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D

None of the above

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Solution

The correct option is A Consolidation
Action or process of combining two or more companies into a single more effective or coherent whole known as consolidation.

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