Allen165
Key Member
- Joined
- Aug 8, 2009
- Member Type
- Student or Learner
- Native Language
- English
- Home Country
- Canada
- Current Location
- Switzerland
"Without carrying out" is a shorter way of saying "and that does not carry out any business activities." Right?
"A holding company is a corporation or cooperative with the principal purpose of managing its participations without carrying out any business activities."
Thanks!
"A holding company is a corporation or cooperative with the principal purpose of managing its participations without carrying out any business activities."
Thanks!