A Plc Owns 75% of the Issued Capital of B

question 45

Multiple Choice

A Plc owns 75% of the issued capital of B Plc and B Plc owns 65% of the issued capital of C Plc.What is the total outside equity interest in C Plc?

• A)48.75%
• B)35%
• C)25.75%
• D)51.25%

Distinguish between the rights of partners within the partnership versus external parties.

Explain the impact of a partner's death on the partnership and the subsequent rights of remaining partners and heirs.

Understand the concepts of majority rule and unanimous consent in partnership decisions.

Analyze the legal consequences of partnership debts on individual partners.

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Definitions:

Operating Departments

Operating Departments are the units or divisions within an organization responsible for carrying out its primary business activities.