12 Amalgamation includes ______ reconstruction.
a) internal
b) firms and company
c)external
d) Natural
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Amalgamation includes external reconstruction.
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➪ Amalgamation includes External reconstruction.
REASON:-
In external reconstruction, a new company is certainly formed whereas in amalgamation a new company may be formed or in the alternative one of the exiting companies may take over the other amalgamating company or companies and no new company may be formed.
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