The Company Whose More Than 50% of the Stock Is

question 130

Multiple Choice

The company whose more than 50% of the stock is owned by a parent company is called the:

• A) controlled company.
• B) subsidiary company.
• C) sibling company.
• D) minority interest.

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Definitions:

Deposit

A deposit is a sum of money paid into a bank account or paid as part of a financial transaction as a pledge or part-payment, often refundable under specific conditions.

Agreement

A mutual understanding or arrangement between two or more parties regarding their rights and obligations.

Writing

The act or skill of composing text for various purposes, such as communication, documentation, and expression of ideas.

Enforceable

describes a contract or covenant that can be legally imposed or carried out through legal action.