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:

Tricyclic Antidepressants

A class of medications primarily used to treat depression, characterized by their chemical structure and mechanism of action in the brain.

Anticholinergic

Refers to substances or drugs that block the action of acetylcholine in the central and the peripheral nervous system, often used to treat a variety of conditions including gastrointestinal disorders and Parkinson's symptoms.

Neurotransmitter

A biochemical substance that transmits nerve impulses across a synapse.

Acetylcholine

A neurotransmitter involved in many functions including memory and muscle contraction.