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 difference between total current assets and…If the assets and liabilities of a firm were valued…The difference between the total assets and total…The process whereby a cheque received by one person…The excess of current assets over current…