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A car maker buys the firm that supplies its steel. That merger is:

AHorizontal one
BConglomerate
CVertical one
DLateral one
Answer & Solution
Correct answer: C. Vertical one
1. The two sit at different stages. 2. Control of supply is the motive. 3. It is a vertical merger. _Source: OpenStax Introduction to Business, Chapter 4, Forms of Business Ownership._
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