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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?
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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?

User Dersvenhesse
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1 Answer

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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.
User Nikola Zivkovic
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