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A company which another company is a member and control the board of directors or hold ...

A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Subsidiary
  • B Syndicate
  • C Holding Company
  • D Parent company
Correct Answer: Option A
Explanation:
Subsidiary is a company in which a holding firm has controlling interest by acquiring more than 51% of its share.

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