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An investor who owns 3 0 % of the common stock of an investee is most likely to exercise significant influence requiring use of the

An investor who owns 30% of the common stock of an investee is most likely to exercise significant influence requiring use of the equity method when:
a. The investor and investee sign an agreement under which the investor surrenders significant rights
b. The investor tries and fails to obtain representation on the investee's board of directors
c. The investor tries and fails to obtain financial information from the investee
d. The second largest investor owns only 1% of the investee's outstanding stock
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