For Companies Reporting Under ASPE, a Long-Term Investment in Shares

For companies reporting under ASPE, a long-term investment in shares will most likely be reported at fair value when the

A) investor owns more than 50% of the investee's shares.
B) investor has significant influence on the investee and the shares held by the investor are marketable equity securities.
C) company elects to report the investment at fair value.
D) investor's influence on the investee is insignificant and there is a quoted market price.