A Foreign Subsidiary Is

A foreign subsidiary is:

A) an extension of the parent and is not an independently incorporated firm separate from the parent
B) an affiliate organization of the MNC that is independently incorporated in the foreign country, and one in which the U.S.MNC owns at least 10 percent of the voting equity stock
C) either a minority foreign subsidiary (an uncontrolled foreign corporation) or a controlled foreign corporation
D) b and c