Ajak Corporation Owns 85% of the Single Class of Utech

question 53

Multiple Choice

Ajak Corporation owns 85% of the single class of Utech Corporation stock. Utech Corporation owns 35% of Tech Corporation. Ajak Corporation also owns 50% of Tech Corporation, and Tech Corporation owns 75% of Baxter Corporation.

• A)Ajak, Tech, Utech, and Baxter Corporations are an affiliated group.
• B)Ajak, Tech, and Baxter Corporations are an affiliated group.
• C)Ajak, Tech, and Utech Corporations are an affiliated group.
• D)None of the above are correct.

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Definitions:

Clipboard Group

A set of features in software that manage copying, cutting, and pasting operations across different applications.

CTRL+X

A keyboard shortcut commonly used in GUI environments to cut the selected item to the clipboard for pasting elsewhere.

CTRL+C

A keyboard shortcut commonly used in computer applications to copy the selected text or object to the clipboard.

Paste Button

A feature in software applications that allows users to insert text, images, or other data from the clipboard into a document.