Question on: JAMB Commerce - 2019
A company which another company is a member and control the board of directors or hold more than half of its equity is termed_______
A
Subsidiary
B
Syndicate
C
Holding Company
D
Parent company
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Correct Option: A
A subsidiary, subsidiary company or daughter company is a company that is owned or controlled by another company, which is called the parent company, parent, or holding company. The subsidiary can be a company, corporation, or limited liability company. In some cases it is a government or state-owned enterprise. Wikipedia
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