The main object of amalgamation is :
(a) To bring economy in expenses
(b) To facilitate distribution
(c) To eliminate competition
(d) All of the above
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all the above is the answer
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AMALGAMATION
The main objective of amalgamation involves bringing economy in expenses by facilitating distribution and eliminating competition.
(D) all of the above
EXPLANATION :
*Amalgamation is the combination of two or more existing businesses into a single entity.
*It entails absorption as well as rebuilding.
*The fundamental goal is to produce synergetic advantages, which occur when two firms work together to achieve more than they could alone.
*The member firms' shareholders provide their approval.
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