Question：Which of these statements best describes a demerger?
　　A. A parent company gives away its shares in one of its subsidiaries to the shareholders of the parent company.
　　B. A parent company gives away the assets of one of its subsidiaries to the shareholders of the parent company.
　　C. A parent company liquidates one of its subsidiaries.
　　D. A parent company sells one of its subsidiaries to the shareholders of the parent company.
　　The correct answer is: A parent company gives away its shares in one of its subsidiaries to the shareholders of the parent company.
　　It is in effect a type of distribution.