abbyhoward6238 abbyhoward6238
  • 26-02-2020
  • Computers and Technology
contestada

Meryl Software Inc., an American MNC wishing total control of its operations, wants to acquire an existing firm, Graphiti Animations, in Canada. If acquired, Graphiti Animations would be a ________.

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akposevictor
akposevictor akposevictor
  • 27-02-2020

Answer:

Fully-owned or Wholly owned subsidiary

Explanation:

A fully-owned subsidiary, also called wholly owned subsidiary, is a company in which 100% of its share is owned completely by another company which serves as its parent company. This implies that, the parent company has total control over the fully-owned subsidiary, and as such can appoint its board of directors to oversee operations.

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