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.
User Nikola Zivkovic
by
7.9k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.