A controlled corporate group can consist of a parent and subsidiary or two corporations owned by the same individual.

Name: A controlled corporate group can consist of a parent and subsidiary or two corporations owned by the same individual.
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Quizplus · Accepted Answer

A controlled corporate group can indeed consist of a parent and subsidiary corporation or two corporations that are owned by the same individual, as the key factor is the control or ownership structure rather than the specific form of the entities involved.

A Controlled Corporate Group Can Consist of a Parent and Subsidiary