Question

When one company is able to control a lot of other companies, what is that called?

Answer 1

Answer is ( A trust )

Answer 2

When one company is able to control a lot of other companies is called a Trust.

What is the importance of making Trust?

A trust is a company structure without owners. According to the terms of the trust, the trustee, who could be an individual or a firm, has a duty to manage the property of the business for the benefit of the receivers.

When any trust foundation is established they seek control over the operations of the business until the new owners arrive. This can include a single company to a group of companies.

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