Question

A minority active ownership is represented by: Multiple Choice 20% or more but less than 50%...

A minority active ownership is represented by:

Multiple Choice

  • 20% or more but less than 50% ownership.

  • more than 50% ownership.

  • more than 60% and less than 70% ownership.

  • less than 20% ownership.

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Answer #1

A minority active ownership is represented by:

20% or more but less than 50% ownership.

Greater than 50% gives the control over the company. Minority shareholders do not have the control over the company.

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