A Firm Whose Only Asset Is Controlling Blocks of Shares

question 6

Multiple Choice

A firm whose only asset is controlling blocks of shares in other companies is called

• A)a conglomerate.
• B)a holding company.
• C)a pyramid.
• D)a dual-class company.

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Definitions:

Stem-And-Leaf Plot

A graphical representation of numerical data by placing digits in columns to show the distribution of numbers.

Gas Mileage

The distance a vehicle can travel per unit of fuel, usually measured in miles per gallon (mpg) in the United States.

Uninsured Motorist

A driver without sufficient insurance coverage to pay for damages or injuries caused in an accident.

Bodily Injury

Physical harm sustained by a person due to an accident or negligence.