The company whose stock is more than 50% owned by another company is called the
A) controlling company
B) investee company
C) subsidiary company
D) sibling company

Question

Quizplus · Accepted Answer

A company whose stock is more than 50% owned by another company is called a subsidiary company. This means that the owning company, known as the parent company, has control over the subsidiary's management and operations.

The Company Whose Stock Is More Than 50% Owned by Another