The company whose more than 50% stock is owned by the another company is called the
A) controlling company.
B) investee company.
C) subsidiary company.
D) sibling company.

Question

Quizplus · Accepted Answer

A subsidiary company is a company whose more than 50% stock is owned by another company, known as the parent company. The parent company has controlling power in the subsidiary company's decisions and operations. Therefore, option C is the correct answer. Option A, B, and D are incorrect as the terms controlling company, investee company, and sibling company do not define the ownership relationship as described in the question.

The Company Whose More Than 50% Stock Is Owned by the Another