A parent-subsidiary group is one in which a common parent corporation owns,directly or indirectly,at least 80% of one or more other corporations.

Name: A parent-subsidiary group is one in which a common parent corporation owns,directly or indirectly,at least 80% of one or more other corporations.
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Question

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A parent-subsidiary group requires the common parent corporation to own, directly or indirectly, at least 80% of one or more other corporations.

A Parent-Subsidiary Group Is One in Which a Common Parent