In a Parent-Subsidiary Controlled Group,the Common Parent Corporation Must Own

question 111

True/False

In a parent-subsidiary controlled group,the common parent corporation must own at least 80% of the stock of each subsidiary corporation in the group.

---

Definitions:

Discrete

Referring to a type of variable that can assume distinct and separate values, often countable in nature.

Probability Function

A probability function is a mathematical function that provides the probabilities of occurrence of different possible outcomes for an experiment.

Random Variable

A numerical description of the outcome of a statistical experiment.