Which of the Following Statements Is Correct

question 12

Multiple Choice

Which of the following statements is correct?

• A)a parent entity can hold only direct ownership interests in a subsidiary
• B)a parent entity can hold only indirect ownership interests in a subsidiary
• C)a parent entity cannot control a subsidiary if its shareholding is less than 50%
• D)a parent entity can hold both direct and indirect ownership interests in a subsidiary

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Definitions:

Public Businesses

Companies that operate in the public sector, owned or controlled by the government, and serving the public interest.

Disabled Individuals

People who have physical, mental, emotional, or sensory impairments that may restrict their ability to perform certain tasks or participate in activities.

Bakke Case

A landmark Supreme Court case formally known as Regents of the University of California v. Bakke, dealing with affirmative action and race quotas in university admissions.

Quotas

Fixed shares or numbers of items or people, designated as a minimum or maximum, often used in importing and exporting goods, university admissions, or workplace diversity initiatives.