A(n) ________ is a subsidiary company that in turn owns other subsidiaries.
A) agency
B) representative office
C) branch
D) holding company

Question

Quizplus · Accepted Answer

A holding company is a type of company that owns stock in other companies, called subsidiaries. These subsidiaries can be other holding companies or operating companies that participate in different industries. As such, a holding company is a company that simply exists to own other companies.

A(n) ________ Is a Subsidiary Company That in Turn Owns