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An Investing Company That Owns More Than ________ of Another

question 156

Short Answer

An investing company that owns more than ________ of another (investee) company's voting stock is presumed to have controlling influence over the investee.


Definitions:

Legal Remedy

The means by which a court enforces a right, imposes a penalty, or makes another court order to impose its will.

Limited Warranty

A warranty that does not meet all of the requirements of a full warranty.

Full Warranty

A warranty under which a defective product will be repaired or replaced without charge.

Requirements

Specified necessities or criteria that must be met or complied with.

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