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

---

Definitions:

Canadians

People native to or residing in Canada.

Constitution

The fundamental legal and political framework defining the structure, powers, and limits of government, and the rights of individuals in a state.

Civil Code

A systematic collection of laws designed to comprehensively deal with the core areas of private law such as property, family, and contracts.

Quebec

A province in Canada known for its French-speaking population and distinct legal system compared to the rest of Canada.