Pinkiepie1304 Pinkiepie1304
  • 17-12-2020
  • Business
contestada

A wholly owned international subsidiary exists when a company owns 100% equity control of a foreign subsidiary.
a. true
b. false

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Parrain
Parrain Parrain
  • 18-12-2020

Answer: a. true

Explanation:

A wholly owned subsidiary as the term implies means that the company is question has all 100% of its equity owned by another company which will be referred to as the parent company.

If the company(subsidiary) happens to be in another country and is still 100% owned by a company not in the country, the subsidiary is a wholly owned international subsidiary.

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