Multiple Choice
Evanston Co. owned 60% of Montgomery Corp. Montgomery owned 75% of Noir Inc., and Noir owned 15% of Montgomery. This pattern of ownership would be called
A) mutual ownership.
B) direct control.
C) indirect control.
D) an affiliated group.
E) a connecting affiliation.
Correct Answer:

Verified
Correct Answer:
Verified
Q14: Pear, Inc. owns 80 percent of Apple
Q15: Tate, Inc. owns 80 percent of Jeffrey,
Q17: For each of the following situations, select
Q18: Tower Company owns 85% of Hill Company.
Q21: Delta Corporation owns 90 percent of Sigma
Q22: Tower Company owns 85% of Hill Company.
Q23: White Company owns 60% of Cody Company.
Q24: Strong Company has had poor operating results
Q26: What configuration of corporate ownership is described
Q39: What ownership structure is referred to as