An Uncontrolled Foreign Corporation Is

question 67

Multiple Choice

An uncontrolled foreign corporation is

• A)an extension of the parent and is not an independently incorporated firm separate from the parent.
• B)an affiliate organization of the MNC that is independently incorporated in the foreign country, and one in which the U.S. MNC owns at least 51 percent of the voting equity stock.
• C)an affiliate organization of the MNC that is independently incorporated in the foreign country, and one in which the U.S. MNC owns at least 10 percent but less than 50 percent of the voting equity stock.
• D)b and c

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