Question

When a company acquires a 20% - 50% interest in another company, this generally results in Group of answer choices a controlling level of influence. a significant level of influence. an insignificant level of influence. a passive level of influence.

Answer 1

Answer:

A significant level of influence.

Explanation:

Whenever the shares of nay company are being purchased by more than 50%, that gives the purchaser the controlling level of influence on that particular company.

Here in this question the level is between 20% - 50%, which is high and can be termed as significant but not any other term that is present in the options to the question.

Hope this helps you out buddy.

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