JAMB Commerce 2025 Objective — Question 29
Question 29 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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When a company takes over another one and clearly becomes the new owner, the action is called:
- A. AcquisitionCorrect
- B. Merger
- C. Strategic Alliance
- D. None of the above
Explanation
When a company takes over another and becomes its new owner, this is referred to as an acquisition.
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