There is a presumption that a company which owns less than 20% of the voting shares of another company has:
A)Total control.
B)Joint control.
C)Significant influence.
D)A non-strategic investment.

Question

Quizplus · Accepted Answer

A company owning less than 20% of the voting shares is generally presumed to have a non-strategic investment, meaning it does not have significant influence or control over the other company.

There Is a Presumption That a Company Which Owns Less