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This is a taxation question:

MC Question 15 (Screenshot).png
Which of the following scenarios does not describe two associated corporations (in a de jure, i.e. legal
control context)? (There is no specified corporate income in any of the scenarios.)
Yellow Corp. is wholly owned by Mrs. X. Her son owns 65% of the shares of Green Corp. Mrs. Smith
owns the remaining 35% of the shares.
O
Mr. and Mrs. X each own 50% of the shares of Green Co. Their children, A and B, each own 45% of
Brown Co., and Mrs. X owns the remaining 10% of the shares.
C
X owns 100% of the shares of Read Co. His mother and father each own 30% of the shares of Write
Co. A friend, Mr. Y, owns 10% of Write Co., and X owns the remaining shares.
C
Blue Corp. owns 90% of the shares of White Corp.
Subject: Accounting, Business

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