A Holding Company <u>is a company that enters into a limited partnership by owing a common stock (voting share) in a different company</u><u> </u>(subsidiary company). This is a type of parent company that indirectly exercises control over another company's operations. This situation is what you call an <u>"oversight capacity."</u>
Although the holding company is not that active in the operations of the other company,<u> it has the capacity to control those who are managing the company it owns. This means it can hire and fire people.</u>
The Three-Fifths Compromise was another very significant compromise during the Constitutional Convention. It had allotted the South to have more representation in the House by counting slaves as 3/5ths of a person.
