All of the shares of GMO Company are owned by Hybrid Inc. GMO Inc. is
A)a holding company.
B)a parent corporation.
C)a subsidiary corporation.
D)none of the choices.

Name: All of the shares of GMO Company are owned by Hybrid Inc. GMO Inc. is A)a holding company. B)a parent corporation. C)a subsidiary corporation. D)none of the choices.
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Question

Quizplus · Accepted Answer

GMO Company is considered a subsidiary corporation because it is owned entirely by another company, Hybrid Inc., making Hybrid Inc. the parent corporation.

All of the Shares of GMO Company Are Owned by Hybrid