Which of the following accounts reported on a balance sheet is merely an estimate?

Generally, a merger of two corporations requires

A. That a special meeting notice and a copy of the merger plan be given to all shareholders of both corporations. B. Unanimous approval of the merger plan by the shareholders of both corporations. C. Unanimous approval of the merger plan by the boards of both corporations. D. That all liabilities owed by the absorbed corporation be paid before the merger.

________ is one of the world's largest single markets, with 25 member countries, a common currency, and more than 454 million consumers

A) NAFTA B) MERCOSUR C) The European Union D) APEC E) ASEAN