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:A process whereby a plant community is replaced by…The excess of current assets over current liabilities is?The process whereby a cheque received by one person…The excess of the assets over the liabilities of a…In a non-profit making organisation, the excess of…