Asked by
Takethia Dugger
on Dec 10, 2024Verified
Buckette Co. owned 60% of Shuvelle Corp. and 40% of Tayle Corp., and Shuvelle owned 35% of Tayle.What is this pattern of ownership called?
A) Pyramid ownership.
B) A connecting affiliation.
C) Mutual ownership.
D) An indirect affiliation.
E) An affiliated group.
Mutual Ownership
Mutual Ownership refers to a form of ownership where customers of an enterprise, such as a mutual insurance company or building society, are also its owners.
Indirect Affiliation
A connection between entities through secondary or less direct relationships rather than a straightforward ownership or partnership link.
- Acquire knowledge on the configurations of mutual, direct, and indirect ownership among corporate entities.
Verified Answer
EG
Learning Objectives
- Acquire knowledge on the configurations of mutual, direct, and indirect ownership among corporate entities.