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Luke Is the Owner of Fun Times, a U

Question 50

Multiple Choice

Luke is the owner of Fun Times, a U.S. event-planning company. He plans to open an event-planning company, Events & Adventures, in Germany. Events & Adventures will be totally owned and controlled by Fun Times, which makes Events & Adventures a ________ of Fun Times.


A) joint venture
B) total investment agreement
C) strategic alliance
D) wholly owned subsidiary
E) maquiladora

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