XYZ Company is a Government Company and X Co. is a subsidiary of XYZ Co. Then X Co. will be ..........
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subsidiary of xyz
Explanation:
.... ........
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Answer:
X Co. would be a government company.
Explanation:
A company that is a subsidiary of a government company is also considered to be a government company. Through their management, such companies are known to be registered with private limited companies while their control tends to vest with the government.
When X Co. is a subsidiary of XYZ Company which is a government company, then X Co. would also be deemed to be a government company.
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