Vocabulary

Question 1

Dichotomy

Answer 1

A division or contrast between two things that are or are represented being opposed or entirely different

Question 2

What is a holding company ?

Answer 2

A holding company is a parent company-usually a corporation or LLC-whose purpose is to buy and control the ownership interests of other companies. The company that are owned or controlled by a corporation holding company or an LLC holding company are called subsidiaries.

Question 3

Meritocracy

Answer 3

A system, organization, or society in which people are chosen, and moved into positions of success, power, and influence on the basis of their demonstrated abilities and merit

Question 4

Venture Capital

Answer 4

capital invested in a project in which there is a substantial element of risk, typically a new or expanding business.

Question 5

Holding Company is a Competitive Necessity

Answer 5

Minimizes Taxes
Reduces Financial Liability
Protects Against Lawsuits
Hides Assets fraud m Public EYEs