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A holding company is one which holds shares in another company up to

A holding company is one which holds shares in another company up to
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A 51%
  • B 41%
  • C 33%
  • D 25%
Correct Answer: Option A
Explanation:
A holding company is a company that has sufficient shares in another company to exercise control over it. In the context of this question, 51% represents a controlling interest because it gives the company majority ownership.

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