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Associated Corporations Constitute a Statutory Limitation on the Concept of Separate

Question 51

Multiple Choice

Associated corporations constitute a statutory limitation on the concept of separate corporate identities.In the legal sense,what is an associated corporation?


A) corporations that have interlocking directorates
B) corporations producing the same product type,such as Coca Cola and Pepsi or Apple and IBM
C) corporations that buy and sell to each other
D) corporations that sell to the same market
E) where one corporation controls another or where two or more corporations are controlled by the same person

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