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In which of the following situations would the two corporate employers be treated as one employer under the controlled-group rules?

I. Corporation A owns 60 percent of Corporation B.

II. Jim owns 80 percent of Corporation C and 20 percent of Corporation D, and Janet owns 20 percent of Corporation C and 80 percent of Corporation D.

A. I only

B. II only

C. Both I and II

D. Neither I nor II

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Basic Finance, Finance

Category:- Basic Finance
Reference No.:- M9215584

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