Problem $6-5$

Related Parties $($Section $267)($LO $6\mathrm{.}3)$

ZOM Corporation is owned $20$ percent by Zhi, $30$ percent by Obi, $30$ percent by Mumtaz, and $20$ percent by Y Corporation. Y Corporation is owned $70$ percent by Zhi and $30$ percent by an unrelated party. Mumtaz and Obi are siblings. Answer each of the following questions about ZOM under the constructive ownership rules of Section $267$: