Which of the Following Is Not a Related Party Transaction

question 18

Multiple Choice

Which of the following is not a related party transaction?

• A) Acme Corporation leases office space to Norton Company. Mr. and Mrs. Norton own Norton Company and 65% of Acme Corporation's stock.
• B) BBD Inc. licenses a patent from Nugo Inc., which owns 82% of BBD's outstanding stock.
• C) Beth Teal pays $15,000 a year to her gardener, Ben. Beth is Ben's grandmother.
• D) All the transactions are between related parties.

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Definitions:

Proteoglycan

Macromolecule consisting of numerous polysaccharides attached to a common protein core.

Cartilage

Flexible connective tissue found in various parts of the body, including the joints, ear, nose, and rib cage.

Matrix

The intercellular substance or framework within a tissue or an organism, providing support and regulating behavior of the cells.

Ligaments

Fibrous connective tissues that connect bones to other bones, contributing to joint stability.