Question
4. Erin, Sarah and Timmy are equal partners in EST Partnership. Sarah also owns 40 percent of Elton Corporation. The remaining 60 percent is owned
4. Erin, Sarah and Timmy are equal partners in EST Partnership. Sarah also owns 40 percent of Elton Corporation. The remaining 60 percent is owned 40 percent by Erin and 60 percent by Sarah's uncle. What percent ownership does Sarah directly or constructively own in Elton Corporation?____percent.
a. 40
b. 64
c. 80
d. 100
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The ASQ Certified Medical Device Auditor Handbook
Authors: Scott A Laman
4th Edition
1953079962, 978-1953079961
