Question

Corona Company is owned equally by Maria, her sister Carlita, her mother Gabriella, and her grandmother Olivia, each of whom hold 100 shares in the company. Under the family attribution rules, how many shares of Corona stock is Maria deemed to own?A. 100B. 200C. 300D. 400

Answer 1

Answer:

B. 200 shares

Explanation:

Under the family attribution rules, attribution is applies who owns more than 50% percentage

Since in the question the percentage is not given but in the company each one has equal owning percentage plus there holding 100 shares in the company each

So in the given case the maria deemed to own her share plus her mother share also as she is the owner of her mother share

So, the total shares owned by her is

= 100 shares + 100 shares

= 200 shares