An Investing Company That Owns ________ of Another (Investee) Company's

question 204

Short Answer

An investing company that owns ________ of another (investee) company's voting stock (but not more than 50%) is presumed to have a significant influence over the investee.

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Definitions:

Principle of Utility

A philosophical principle asserting that the best action is the one that maximizes overall happiness or pleasure and minimizes overall pain or harm.

Particular Acts

Refers to specific actions taken by individuals or groups, often analyzed in ethical, legal, or social contexts to determine their morality or impact.

Ethical Theory

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.