For purposes of determining associated companies, a parent is deemed to own any of a corporation's shares that are held by any of his children who are under the age of 18.

Question

Quizplus · Accepted Answer

According to the given statement, a parent is deemed to own any of a corporation's shares that are held by any of his children who are under the age of 18. Therefore, option A is correct.

For Purposes of Determining Associated Companies, a Parent Is Deemed