An Investing Company That Owns More Than ________ of Another

question 156

Short Answer

An investing company that owns more than ________ of another (investee) company's voting stock is presumed to have controlling influence over the investee.

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Definitions:

Bill of Rights

The first ten amendments to the United States Constitution, guaranteeing essential rights and protections, such as freedom of speech and religion.

Federal Government

A system of government in which power is divided between a central authority and constituent political units.

Amendments

Proposed changes or additions to a legal document, law, or constitution intended to improve or clarify existing content.

Federal Power

The authority held by a federal government, delineated by a country’s constitution, that can include areas such as defense, monetary policies, and international relations.