The Smith Family Has a 55% Stake in a Company

question 44

Multiple Choice

The Smith family has a 55% stake in A company and A company has a 64% stake in B company.Finally,B company has a 51% stake in C company.What percentage ownership does the Smith family have in C company?

• A)33%
• B)28%
• C)55%
• D)51%
• E)18%

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Definitions:

Unemployment Compensation

Government benefits paid to individuals who are unemployed and actively looking for work, designed to provide temporary financial assistance.

Work-Related Misconduct

Unacceptable or improper behavior by an employee that is connected to their job.

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Contributory Negligence

A legal principle that reduces or eliminates the plaintiff's right to claim damages if they are found to have contributed to the harm they suffered.