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Associated Corporations Constitute a Statutory Limitations on the Concept of Separate

Question 31

Multiple Choice

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


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

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