What is a foreign corporation organized under the laws of a foreign host country, but owned and controlled by the parent corporation in the home country?

Question

Quizplus · Accepted Answer

A wholly owned foreign subsidiary is a foreign corporation that is fully owned and controlled by the parent corporation in the home country. Therefore, option B is the correct answer. A partially owned foreign subsidiary (option A) is a foreign corporation where the parent company only owns a portion of the shares. The options C and D are not relevant to this question.

What Is a Foreign Corporation Organized Under the Laws of a Foreign