The Following Shareholders Own the Outstanding Stock of Garcia Corporation

question 95

Multiple Choice

The following shareholders own the outstanding stock of Garcia Corporation: Ryan is a 25% partner in AG Partnership. Ryan also is a 55% shareholder in XYZ, Inc. and a 40% shareholder in RST, Inc. How many shares does Ryan constructively (directly and indirectly) own?

• A) 200
• B) 280
• C) 320
• D) 420

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Definitions:

Genotype

The genetic makeup of an organism, consisting of the alleles inherited from both parents, which influences physical and behavioral traits.

Phenotype

The observable characteristics or traits of an organism, resulting from the interaction of its genotype with the environment.

Observable Characteristics

Traits or features that can be seen or measured directly in individuals or phenomena.

Dominant Gene

A gene that expresses its phenotypic trait even when heterozygous with a recessive gene.