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If an Investment Is Sufficient to Obtain Managerial Control,it Is

question 52

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If an investment is sufficient to obtain managerial control,it is called an indirect investment.


Definitions:

Automobile Company

A business that specializes in the manufacturing, design, marketing, or selling of motor vehicles.

Cooperative

An organization that is owned and operated by its members, who share the profits and benefits and democratically make decisions.

General Partnership

A business arrangement in which two or more individuals share the management, profits, and liabilities of the business.

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