With less than 50 percent of the voting stock, or even with no voting stock, an IC can still have control.

Name: With less than 50 percent of the voting stock, or even with no voting stock, an IC can still have control.
Brand: Quizplus
Rating: 4.8 (28 reviews)

Question

Quizplus · Accepted Answer

Control can come from various sources such as ownership of special classes of shares, contractual agreements, voting proxies, or other means. Therefore, an individual or entity can still have control even without holding the majority of voting stock.

With Less Than 50 Percent of the Voting Stock, or Even