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:

Fostering Strategy

A method or approach designed to develop, promote, or encourage certain outcomes, behaviors, or relationships.

Distributive Bargaining

A negotiation strategy in which one party’s gain is the other party’s loss, typically involving fixed resources or terms where each party aims to maximize their share.

Attitudinal Structuring

The process of shaping and influencing the perceptions, attitudes, and behaviors of negotiating parties to facilitate agreement.

Employee Stress

The physical and emotional strain experienced by workers due to various factors including workload, work environment, or job insecurity.