Ajak Corporation Owns 85% of the Single Class of Utech

question 53

Multiple Choice

Ajak Corporation owns 85% of the single class of Utech Corporation stock. Utech Corporation owns 35% of Tech Corporation. Ajak Corporation also owns 50% of Tech Corporation, and Tech Corporation owns 75% of Baxter Corporation.

• A)Ajak, Tech, Utech, and Baxter Corporations are an affiliated group.
• B)Ajak, Tech, and Baxter Corporations are an affiliated group.
• C)Ajak, Tech, and Utech Corporations are an affiliated group.
• D)None of the above are correct.

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Definitions:

Glial Cells

Non-neuronal cells in the brain and central nervous system that support, protect, and provide a support framework for neurons.

Myelin

A fatty substance that surrounds nerve fibers, providing insulation and speeding the transmission of nerve impulses.

Neurons

Specialized cells of the nervous system responsible for transmitting information throughout the body via electrical and chemical signals.

Visual Cortex

The part of the cerebral cortex involved in processing visual information, located in the back of the brain.