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Donald is the owner of The Party Hat, a U.S. event-planning company. He plans to open an event-planning company, Events & Adventures, in London. Events & Adventures will be totally owned and controlled by The Party Hat, which makes Events & Adventures a ____ of The Party Hat

Respuesta :

Answer:

The correct answer is letter "D": wholly-owned subsidiary.

Explanation:

A wholly-owned subsidiary is a corporation with a stock held by another corporation at 100 percent. A business can control all production, management, and profits with a wholly-owned subsidiary but it also shares costs and responsibilities. Besides, the company has access to the proprietary technology of the subsidiary.

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