If a Parent Company Has Two Wholly Owned Subsidiaries, How

question 173

Short Answer

If a parent company has two wholly owned subsidiaries, how many legal and economic entities are there from the viewpoint of the shareholders of the parent company? $\begin{array}{lll}&\text { Legal } & \text { Economic } \\\text { a. } & 3 & 3 \\\text { b. } & 1 & 2 \\\text { c. } & 3 & 1 \\\text { d. } & 2 & 1\end{array}$

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Definitions:

High Achievers

Individuals who show a strong desire to accomplish significant tasks, mastering complex subjects or achieving high standards.

Self-determination Theory

A theory of motivation that emphasizes the role of autonomy, competence, and relatedness in fostering well-being and growth.

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, or to make an effort to attain a goal.

Disasters

Sudden catastrophic events that cause significant damage, disruption, and distress, often overwhelming communities and requiring emergency response.