What Attributes of a Controlled Subsidiary Corporation Are Carried Over

question 36

Essay

What attributes of a controlled subsidiary corporation are carried over to the parent when the subsidiary is liquidated?

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Definitions:

G3P

Glyceraldehyde 3-phosphate, a three-carbon molecule that is an intermediate product in photosynthesis and glycolysis.

Glycolysis

A metabolic pathway that breaks down glucose into pyruvate, releasing energy and producing ATP, occurring in the cytosol of the cell.

Coenzyme A

A coenzyme involved in the synthesis and oxidation of fatty acids, and the oxidation of pyruvate in the citric acid cycle.

Pyruvate

A key intermediate compound in cellular respiration and metabolism, resulting from the glycolysis of glucose.