purchasing company is also known as.......
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Answer:
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Answer:
The business into which the transfer or firm is merged is referred to as the transferee company (Purchasing Company/ vendee Company)
Explanation:
The business into which a transferor business has been merged is referred to as the transferee business.
A company involved in the business of selling products and services to connect businesses is referred to as a purchasing company. To prevent potential mistrust, the purchasing business should provide the supplier with specific product specifications, and the supplier should provide the purchaser with transparent terms. In other words, a business involved in facilitating the acquisition of products and services by linked businesses is referred to as a "purchasing company."