Bala Ltd acquired the business of Bello Ltd and caused the separate existence of the latter company to terminate. This situation is best described as? by Sunday | Dec 9 | Accounting JAMB | 0 comments A. absorption B. merger C. conversion D. dissolution Correct Answer: Option A – absorption Users Also Read These:Mr. Bala’s income is $800.00 per month while that of…Danjuma Ltd. bought 10 bags of rice for N500 each.…A situation in which the bulk of the urban…The nominal value of kC Ltd's share is 50k and the…Which of the following brings a company into legal…