A person is deemed to have substantial interest in a company if he is – McqOptions

MCQOPTIONS

1.	A person is deemed to have substantial interest in a company if he is
A.	The owner of at least 20% of equity capital of the company
B.	The owner of at least 25% of equity capital of the company
C.	Entitled to 10% of profits of the concern
D.	An employee director
Answer» B. The owner of at least 25% of equity capital of the company

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