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The coming together of two or more firms with each of them losing its identity is known as

The coming together of two or more firms with each of them losing its identity is known as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Holding
  • B Consortium
  • C Cartel
  • D Amalgamation
Correct Answer: Option D
Explanation:
Amalgamation occurs when two or more firms combine and lose their separate identities. The businesses come together to operate as one combined organization.

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