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A Business Merger Differs from a Business Consolidation Because

Question 37

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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 and forms a new corporation.
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.

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