According to the U.S. Treasury
A) creditors do not have to accept cash in payment of debts.
B) firms do not have to accept cash as payment for goods and services.
C) the government will not accept cash in payment of taxes.
D) U.S. dollars must be accepted as payment for any good or service sold in the United States.
Question 2
Baxter International, a manufacturer of hospital supplies, acquired American Hospital Supply, a distributor of hospital supplies. This is an example of
A) a two-dimensional merger. B) a conglomerate merger.
C) a vertical merger. D) a horizontal merger.
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