General Auto Company invests in the stock of Packer Auto Parts, Inc. Which statement is true concerning consolidation of Packer with General Auto, following U$.$S$.$ GAAP?

Select one:

a$.$ If General Auto owns $50$ percent or less of Packer$$s stock, it cannot consolidate Packer.

b$.$ If General Auto owns the majority of Packer$$s stock, it must consolidate Packer.

c$.$ If General Auto has the power to control Packer, it must consolidate Packer.

d$.$ If General Auto owns $50$ percent or more of Packer$$s stock, it must consolidate Packer.