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Restful Hotel Corporation, a U

Question 42

Multiple Choice

Restful Hotel Corporation, a U.S. firm, establishes a wholly owned subsidiary in Singapore. As a parent corporation, with respect to the subsidiary, Restful retains complete ownership of


A) all of the facilities in Singapore.
B) more than half, but less than all, of the facilities in Singapore.
C) none of the facilities in Singapore.
D) no more than half of the facilities in Singapore

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