A Company That Owns More Than 50% of the Common

question 64

Multiple Choice

A company that owns more than 50% of the common stock of another company is known as the

• A) charge company.
• B) subsidiary company.
• C) parent company.
• D) management company.

---

Definitions:

Developing Countries

Nations with lower levels of industrialization, lower standards of living, and generally lower Human Development Index (HDI) scores compared to developed countries.

Biomass Energy

Energy produced by burning organic materials, such as wood, agricultural crops, or animal waste.

Developing Countries

Nations with a lower level of industrialization, lower living standards, and lower Human Development Index (HDI) compared to developed countries.

OPEC

The Organization of the Petroleum Exporting Countries, an intergovernmental organization coordinating the petroleum policies of its member countries.