Which of the following situations is a mutual holding?
A) A owns 80% of B, and B owns 70% of C.
B) A owns 80% of B and 20% of C; B owns 70% of C.
C) A owns 80% of B, and B owns 20% of A.
D) None of the above.

Question

Quizplus · Accepted Answer

In a mutual holding, two companies own shares in each other. In option C, A owns 80% of B, and B owns 20% of A, which constitutes a mutual holding.

Which of the Following Situations Is a Mutual Holding