A company which another company is a member and control the board of directors or hold more than half of its equity is termed____________
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Correct Answer: Option A
Explanation:
A subsidiary is a company controlled by another company, known as the parent or holding company. Control is usually established when the parent company owns more than half of the voting shares or otherwise has controlling power over the subsidiary.
A subsidiary is a company controlled by another company, known as the parent or holding company. Control is usually established when the parent company owns more than half of the voting shares or otherwise has controlling power over the subsidiary.