An investor that has effective control over an investee usually owns ________ of the investee's stock.
A) less than 20 percent
B) more than 20 percent
C) more than 40 percent
D) more than 50 percent

Question

Quizplus · Accepted Answer

An investor that has effective control over an investee usually owns more than 50% of the investee's stock. This means that the investor has a majority stake in the investee and can make key decisions that affect the investee's operations and strategy.

An Investor That Has Effective Control Over an Investee Usually