A Company May Purchase a Noncontrolling Interest in Another Firm

question 106

Multiple Choice

A company may purchase a noncontrolling interest in another firm in a related industry

• A) to house excess cash until needed.
• B) to generate earnings.
• C) for strategic reasons.
• D) for speculative reasons.

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Definitions:

Gift

A gift is something given voluntarily without expectation of anything in return, often as a token of affection or goodwill.

Societies

Groups of individuals living together in organized communities with shared laws, traditions, and values.

Happy And Prosperous

A state of being characterized by contentment, joy, and success in life's endeavors.

Free

Not under the control or in the power of another; able to act or be done as one wishes.