Which product types implement a parent-child relationship between product entities?

Q. Which product types implement a parent-child relationship between product entities?

– configurable product type – configurable(parent) – simple(child)
may be grouped and bundle as well.

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prepareForCartAdvanced() – initialize product for add to cart process..
calls to prepareProduct() – process product and prepare options
calls to prepareOptions() – Process custom defined options for product
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