Multiple Choice
Which of the following statements is true of mergers and amalgamations in Canada?
A) The terms "merger" and "amalgamation" have no legal definition.
B) The term "merger" is legally defined and the term "amalgamation" is not.
C) The term "amalgamation" is legally defined and the term "merger" is not.
D) Amalgamation means one company purchases the shares of another and merger means a statutory combination under one of the Provincial Corporations Act,the Canada Corporations Act,or the Canada Business Corporations Act.
Correct Answer:
Verified
Correct Answer:
Verified
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