If a Ltd Owns 70% of B Ltd and B

question 21

True/False

If A Ltd owns 70% of B Ltd and B Ltd owns 60% of C Ltd, the indirect NCI in C Ltd is 18%.

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Definitions:

White Supremacy

An ideological belief that white people are superior to those of all other races, particularly the black race, and should therefore dominate society.

George Wallace

An American politician known for his pro-segregation stance and as the Governor of Alabama during a critical period of the civil rights movement.

Nonwhite Senators

Members of the United States Senate who are not of White European descent, highlighting diversity and representation in American politics.

Racial Dog Whistling

The use of coded or suggestive language in politics and discourse to appeal to racist or prejudicial sentiments without explicit acknowledgment.