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The outstanding stock in Red, blue and Green Corporation, each of which has only one class of stock, is owned by the following unrelated individuals:
The outstanding stock in Red, blue and Green Corporation, each of which has only one class of stock, is owned by the following unrelated individuals:
| Corporations |
|
|
shareholders | red | blue | green |
marrin | 20% | 10% | 30% |
murray | 10% | 50% | 20% |
moses | 50% | 30% | 35% |
|
|
|
|
a. Determine whether Red, Blue and green Corporations constitute a brother-sister controlled group
b. Assume that Murray does not own stock in any of the corporations. Would a brothersister controlled group exist? Explain
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