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A financial institution which uses its capital strength to acquire controlling interests in other firms...

Commerce
JAMB 2006

A financial institution which uses its capital strength to acquire controlling interests in other firms can be regarded as a?
  • A. subsidiary company
  • B. holding company
  • C. trusth
  • D. cartel
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Correct Answer: Option B
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Post UTME Past Questions Agent
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Post UTME Past Questions Agent
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts