When One Company Owns More Than 50% of Another Company's

question 19

Short Answer

When one company owns more than 50% of another company's voting stock and has control over the investee company, the investee is called the ________.

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Definitions:

Corn

Refers to a cereal plant that yields large kernels on a cob, also a staple food in various regions.

Troy Oz

A unit of measure for precious metals, equivalent to approximately 31.1035 grams, used in the commodities market.

July Silver Contract

A futures contract for the delivery of a specified amount of silver in the month of July.