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

a. true
b. false

User Divz
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1 Answer

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Answer: a. true

Step-by-step 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.

User Marcos Reboucas
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