Quite often, when an existing company wishes to start a new venture, perhaps to produce a new
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Quite often, when an existing company wishes to start a new venture, perhaps to produce a new product or render a new service, it will form a subsidiary company as a vehicle for the new venture. Why would it choose not to have the new venture conducted by the original company?
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There are probably two reasons for this 1 Limited liability Ea...View the full answer
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Related Book For 
Financial Accounting for Decision Makers
ISBN: 978-0273763451
6th Edition
Authors: Peter Atrill, Eddie McLaney
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