The process whereby a firm buys over the assets and liabilities of another firm is known as? by Sunday | Jul 30 | Commerce WAEC | 0 comments A. amalgamation B. cartel C. factoring D. holding E. combine Correct Answer: Option D – holding Users Also Read These:The excess of the assets over the liabilities of a…The excess of current assets over current…Accounting term used to describe the excess of…The excess of current assets over current liabilities is?The process whereby a cheque received by one person…