Asked by

Chris Wilson
on Oct 14, 2024

verifed

Verified

A sub-subsidiary is:

A) a subsidiary of a parent company.
B) a subsidiary of a subsidiary company.
C) either A or B.
D) none of the above.

Sub-subsidiary

A company controlled by a subsidiary of another company, creating a tiered structure of corporate ownership and governance.

Subsidiary Company

A company that is controlled by another company, usually referred to as the parent company, through ownership of more than half of its voting stock.

Parent Company

A corporation that owns controlling interest in one or more other companies, referred to as subsidiaries.

  • Identify the structure and relationships within a corporate group including parent, subsidiary, and sub-subsidiary relationships.
verifed

Verified Answer

LJ
lamar jacasOct 18, 2024
Final Answer:
Get Full Answer