When Nestle,a Swiss company,purchased Carnation,a U.S.company,it resulted in Carnation becoming a foreign licensee.

Name: When Nestle,a Swiss company,purchased Carnation,a U.S.company,it resulted in Carnation becoming a foreign licensee.
Brand: Quizplus
Rating: 4.8 (36 reviews)

Question

Quizplus · Accepted Answer

When Nestle purchased Carnation, it resulted in Carnation becoming a subsidiary of Nestle, not a foreign licensee. A foreign licensee would imply a licensing agreement, not ownership.

When Nestle,a Swiss Company,purchased Carnation,a U