A Corporation Owns 90 Percent of the Voting Power of a Second

question 51

Multiple Choice

A corporation owns 90 percent of the voting power of a second corporation but only 70 percent of its total stock value.The corporations are:

• A)Affiliated
• B)A controlled group
• C)Brother-sister corporations
• D)Consolidated group

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Definitions:

Expert Power

The influence one has due to their skills, expertise or knowledge, often leading to enhanced credibility and respect from others.

Natural Leader

An individual who instinctively takes charge or influences others without formal authority, often due to inherent personality traits and charisma.

Inborn Talent

Natural skills or abilities that an individual possesses from birth.

Leadership Skills

Refers to the abilities and competencies that effective leaders demonstrate, including communication, decision-making, and strategic thinking.