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33. Anderson incorporated his new company, Pearl Inc. for doing business of manufacturing rubber. After some years, he opened his own subsidiary company. The new

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33. Anderson incorporated his new company, Pearl Inc. for doing business of manufacturing rubber. After some years, he opened his own subsidiary company. The new subsidiary company is a success. Meanwhile the workers of Pearl Inc. claimed that payment of bonus is due and they are demanding the same from subsidiary company. In this case is the subsidiary co. liable? A. Yes, they are liable because it is provided under law. B. Yes, they are liable because both are the same entity in the eyes of law. 0. No, they are not liable because it is not a subsidiary of Pearl co. D. No, they are not liable because subsidiary is not liable for parent's debts as provided under the law

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