If the Parent Corporation Owns 51 Percent or More of the Outstanding

question 74

True/False

If the parent corporation owns 51 percent or more of the outstanding shares of the subsidiary corporation,a short-form merger procedure may be followed to merge the two corporations.

---

Definitions:

Income Distribution

The way in which total income is shared among individuals or groups within a society.

Inequitable

Unfair or not just; an imbalance in the way people or groups are treated.

Equal Distribution

The sharing of resources, wealth, or opportunities among all members of a society or group in a way that is considered fair and equitable.

Lorenz Curve

A graphical representation of income or wealth distribution within an economy, indicating inequality.