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A company which another company is a member and control the board of directors o...


Question

A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______

Options

A) Subsidiary

B) Syndicate

C) Holding Company

D) Parent company

The correct answer is A.

Explanation:

Subsidiary is a company in which a holding firm has controlling interest by acquiring more than 51% of its share.


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