asked 57.7k views
4 votes
When the investor owns more than 50% of the voting common stock of the investee, the investee is considered to be under the legal control of the investor. true false?

1 Answer

7 votes
Hello there.

When the investor owns more than 50% of the voting common stock of the investee, the investee is considered to be under the legal control of the investor.

True.
answered
User Nikola Zivkovic
by
7.9k points
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