Mel Company holds a minority interest in Gibson Company.Mel Company owns _____ of Gibson Company's stock.
A)less than 20%
B)between 21 and 49%
C)less than 50%
D)between 50 and 99%

Question

Quizplus · Accepted Answer

A minority interest in a company typically means owning less than 50% of the company's stock, which allows the holder to have a stake in the company without having control over it.

Mel Company Holds a Minority Interest in Gibson Company