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_____ Pixco (Publicly Owned) Controls Sixco

Question 21

Multiple Choice

_____ Pixco (publicly owned) controls Sixco. Pixco could justifiably not consolidate Sixco if:


A) Sixco is having severe difficulty paying its creditors.
B) Sixco operates in a foreign country that has imposed severe long-term capital outflow restrictions.
C) Sixco is controlled only by legal means.
D) None of Sixco's officers or directors are officers or directors of Pixco.
E) None of the above.

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