1 Hourglass: Torso and hips are approximately the same width - with waist definition.  Apple: Torso and upper body wider than your hips - with little or no waist definition. You might have weight surrounding your waist.
From a legal point of view, a merger is a legal consolidation of two entities into one entity, whereas an acquisition occurs when one entity takes ownership of another entity's stock, equity interests or assets.
Introduction. 1  When you've found the right business partner but you still need to sort out the nitty-gritty for a formal contract, a Memorandum of Understanding helps you get the deal off the ground. 2  MoU, Memorandum of Understanding Form, MoU Agreement. 3  You probably need time to settle on all the details of your new business relationship.