In Each Group

question 38

Multiple Choice

In each group. select the sentence with the correct relative pronoun and punctuation.

• A) My jewels are locked in a vault, that is in the bank.
• B) My jewels are locked in a vault that is in the bank.
• C) My jewels are locked in a vault which is in the bank.

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Definitions:

Non-Controlling Interest

A stake in a company that is less than 50%, meaning the investor does not have a majority control.

Preference Shares

Shares which have rights to dividends that are paid out before dividends to common shareholders and may have priority over common shares in the event of liquidation.

Goodwill

Represents the excess amount paid over the fair market value of the net assets during an acquisition, attributed to factors like brand reputation, customer relations, and intellectual property.

Acquisition Differential

The difference between the cost of acquiring a company and the fair value of its identifiable net assets at the time of acquisition, essentially another term for goodwill.