Corporate Law indirect, wholly owned subsidiary

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J

jlogan987

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Hi - wondering if anyone can give me layman's answers to the following questions:

1. What does it mean when a company is an "indirect, wholly owned subsidiary" of another company?

2. what are "non-attest assets" regarding a consulting and accounting corporation?

Thanks.

J
 
Google is your friend
 
have searched extensively and found definitions of Wholly owned and Indirect separately, but not on "wholly-ownder, indirect"...wondering how you can be both. they seem contradictory...
 
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