When a company has control over another company, a parent-subsidiary relationship is said to exist.

Name: When a company has control over another company, a parent-subsidiary relationship is said to exist.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

When a company has control over another company, a parent-subsidiary relationship is said to exist. This means that the parent company owns more than 50% of the subsidiary company's voting stocks, which gives it control over the subsidiary's operations and decision-making processes.

When a Company Has Control Over Another Company, a Parent-Subsidiary