Which of the following statements is CORRECT?

An ownership interest of greater than $0\%$ but less than $10\%$ can neve

imply significant influence.

Significant influence is only possible if the investor owns more than

$50\%$ of the voting shares of the associate.

Significant influence is possible even if the investor owns less than $20$

of the voting shares of the associate.

An ownership interest between $20\%$ and $50\%$ always implies

significant influence.