Question

If the ABC Limited and DEF Limited are taken over by a new company XYZ Limited (a) ABC Ltd. and DEF Ltd. are known as the "Purchasing Companies" (b) ABC Ltd. and XYZ Ltd. are known as the "Purchasing Companies" (c) XYZ Ltd. and DEF Ltd. are known as the "Purchasing Companies" (d) XYZ Ltd. is known as the "Purchasing Company"
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Answer 1

Answer:

Option (d) XYZ Ltd. is known as the "Purchasing Company" is the correct answer.

Explanation:

Purchasing Company "means a company involved in the sale of goods and services to its subsidiaries. The purchasing company must provide detailed product requirements to the supplier and the supplier must provide clear terms to the buyer to avoid distrust.

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