<span>When two firms who do not participate in the same industries, for example a software company and a fast food restaurant company decide to merge, the result is called a conglomerate merger. A conglomerate merger is defined as two or more companies that come together to work together when they have absolutely no related things in common when in comes to their businesses. There are two types of conglomerate mergers, pure and mixed. In a pure conglomerate merger the businesses have nothing in common and just want to expand their business areas. A mixed conglomerate merger is when firms want to expand their product lines or target markets. </span>
Answer:
A. Normal goods: positive income elasticity of demand.
Explanation:
A tenant remains in possession of the leased property after the expiration of the lease term, without paying rent and without the landlord's consent, the tenant's status is Holdover Tenancy
This is further explained below.
<h3>What is
Holdover Tenancy?</h3>
Generally, A holdover tenant is a renter who continues to occupy a rental property after their original lease has expired but does not sign a new lease for the space.
In conclusion, Holdover tenancy refers to the situation in which a tenant continues to occupy a rented property after the original lease period has ended
despite the fact that the renter is not responsible for paying rent and does not have the permission of the landlord.
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Answer:
The external financing requirement is $ 1.2 million.
Explanation:
The accounting equation is asset = liability +equity. In simple words any increase in one side of balance sheet (i.e asset) will result in increase in other side of balance sheet (i.e equity + liability) and vice versa.
So if assets are projected to increase by $ 2.7 million than equity and liability is also required to increase by same. As equity is increased by $ 1.5 million, the liability/external financing is calculated as follow
Asset = Liability + Equity
Liability = $ 2,700,000- $ 1,500,000
Liability = $ 1.2 million
Social factors exert the broadest and deepest influence over a person’s consumer behavior false (culture)
Culture :
A person’s culture is represented by a large group of people with a similar heritage. Culture exerts a strong influence on a person’s needs and wants because it is through culture that we learn how to live, what to value, and how to conduct ourselves in society. The American culture, which is a subset of the Western (European) culture, will be the primary focus of this discussion, although other societies in other parts of the world have their own cultures with accompanying traditions and values.
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