When two or more existing companies go into liquidation and a new company is formed to take over their business, it is known as

When two or more existing companies go into liquidation and a new comp

1.	When two or more existing companies go into liquidation and a new company is formed to take over their business, it is known as
A.	Amalgamation
B.	liquidation
C.	Reconstruction
D.	cartel
Answer» B. liquidation

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When two or more existing companies go into liquidation and a new company is formed to take over their business, it is known as

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