When a Parent Acquires 100% of the Voting Stock of a Subsidiary,that

question 60

Multiple Choice

When a parent acquires 100% of the voting stock of a subsidiary,that subsidiary:

• A) automatically becomes part of one large legal entity that consists of the parent and the subsidiary together
• B) lives on as a separate legal entity
• C) continues to exist as an accounting entity, but it ceases to exist in any legal form
• D) ceases to exist as a separate legal entity, but it is still accounted for as a separate accounting entity

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Definitions:

Jehovah's Witness

A member of a Christian denomination known for its non-participation in political processes and refusal of blood transfusions.

Beliefs

Convictions or acceptances that certain things are true or real, often without immediate empirical evidence.

Autonomously

Acting independently or having the freedom to make one's own decisions.

Self-Determining

Having the power or capability to make decisions for oneself without external coercion.