JAMB Commerce 2011 Objective — Question 26
Question 26 of 49 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2011 Objective paper, with the correct answer and a full explanation.
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When two or more companies agree to execute a project too large for one to handle, this is referred to as A. a cartel B. an amalgamation C. a merger D. a consortium
- A. A. a cartel
- B. B. an amalgamation
- C. C. a merger
- D. D. a consortiumCorrect
Explanation
A consortium is a group made up of two or more individuals, companies, or governments that work together to achieve a common objective.
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