A foreign subsidiary is

Question

Quizplus · Accepted Answer

Option B describes an affiliate organization that is independently incorporated in a foreign country, while the MNC owns a significant portion of the voting equity stock. Option C explains two types of foreign subsidiaries, which are a minority foreign subsidiary or a controlled foreign corporation. Therefore, the correct option is D, as it covers both the independently incorporated affiliate organization and the two types of foreign subsidiaries. Option A is incorrect as it confuses the foreign subsidiary with a branch or representative office.

A Foreign Subsidiary Is