Consolidation Is Required When a Parent Acquires More Than 50

question 45

Short Answer

Consolidation is required when a parent acquires more than 50% percent of the subsidiary's shares.Any portion of voting shares not held by the parent is called the ____________________.

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Definitions:

Plaintiff

The party who initiates a lawsuit in a court of law against another party, the defendant, seeking legal remedy.

Victim

An individual or entity that suffers harm or loss as a result of a crime, accident, or other event or action.

Mediation

A form of alternative dispute resolution where a neutral third party helps disputing parties reach a mutually satisfactory agreement.

Cooperative/Flexible

A mindset or organizational style that emphasizes working together and adapting to change or unforeseen circumstances.