Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events & Adventur

Question

2 years ago

9

Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events & Adventur

es, in Germany. Events & Adventures will be totally owned and controlled by Fun Times, which makes Events & Adventures a ________ of Fun Times.a. joint ventureb. total investment agreementc. strategic allianced. wholly owned subsidiarye. maquiladora

Business

1 answer:

Ilia_Sergeevich [38] · Answer 1 · 2023-09-08T14:23:11+03:00

Ilia_Sergeevich [38]2 years ago

3 0

Answer:

The answer is d. wholly owned subsidiary

Explanation:

A wholly owned subsidiary is a company whose entire stock is held by another company, called the parent company. In this case Fun Times will own 100% of Events & Adventures' common stock.