A vertical merger occurs when: a. the products of the merging ...

[Lobcity]

A vertical merger occurs when:
 a. the products of the merging firms were not related in any manner before the merger.
  b. one firm is a producer of products, and the other firm is a producer of services.
  c. one firm is a domestic firm, and the other is a foreign company.
  d. the firms stood in a buyer-seller relationship before the merger.
  e. the merger partners were competitors.

Question 2

The chair of the Board of Governors of the Fed serves:
 a. a two-year term that coincides with that of members of Congress.
  b. a four-year term.
 c. a seven-year term.
 d. a fourteen-year term.
 e. a six-year term.

[Kdiggy]

Answer to Question 1

d

Answer to Question 2

b