Which of the Following Statements in Not Correct

question 23

Multiple Choice

Which of the following statements in not correct:

• A)A parent company is one that controls a subsidiary company
• B)A subsidiary company is one that is controlled by a parent company
• C)A corporate group comprises the parent company and each of its subsidiary companies
• D)A holding company is an alternative term for a nested subsidiary

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Definitions:

Social Rights

Rights pertaining to the socioeconomic aspects of life, ensuring access to basic needs like education, health care, and livelihood.

Constitutional Monarchy

A form of government in which a monarch acts as the head of state within the parameters of a written or unwritten constitution, often sharing power with elected bodies.

Napoleon's Laws

Napoleon's Laws refer to the comprehensive system of laws, also known as the Napoleonic Code, that was established under Napoleon Bonaparte in France, focusing on civil law principles.