Consider a Four-Tier Pyramid and a Single Operating Company

question 44

Multiple Choice

Consider a four-tier pyramid and a single operating company.Assume that 51% of the votes confer control at each tier.What is the minimum percentage ownership (approximately) at the highest level in the pyramid that will enable control of the operating company?

• A)13%
• B)26%
• C)50%
• D)51%

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Definitions:

Royalists

Royalists are supporters of a king or royal government, especially in the context of civil wars or revolutions where monarchy is challenged.

Tricolor Flag

A flag featuring three distinct colors, often arranged in vertical or horizontal stripes, representing various attributes or aspects of a country or organization.

Victorian

Pertaining to the period of Queen Victoria's reign over the United Kingdom from 1837 to 1901, characterized by particular moral standards, cultural innovations, and imperial expansion.

Middle Class

A social group between the upper and working classes, including professionals, business people, and others with moderate to high income levels and often associated with education and white-collar jobs.