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A company which another company is a member and control the board of directors or…

A company which another company is a member and control the board of directors or hold more than half of its equity is termed

  • A.
    Subsidiary
  • B.
    Syndicate
  • C.
    Holding Company
  • D.
    Parent company
Correct Answer: Option A
Explanation

Subsidiary is a company in which a holding firm has controlling interest by acquiring more than 51% of its share.