The Smith Family Has a 45% Stake in a Company

question 5

Multiple Choice

The Smith family has a 45% stake in A company and A company has a 75% stake in B company.Finally,B company has a 35% stake in C company.What percentage ownership does the Smith family have in C company?

• A)21%
• B)12%
• C)34%
• D)26%
• E)16%

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Definitions:

Veil of Ignorance

A concept in political philosophy that suggests designing society's rules without knowing one's own status or position, to ensure fairness.

Original Position

A theoretical situation in political philosophy proposed by John Rawls, where individuals choose principles of justice without knowledge of their personal positions.

Rawls

American political philosopher John Rawls, known for his contributions to political and moral philosophy, especially in the theory of justice as fairness.

Institutions

Organized and established structures or mechanisms of social order governing the behavior of members of a community or society.