John Dough owns 100 percent of the shares of Doughboy Ltd. His wife, Kneada Dough, owns 100 percent of the shares of Yeast Ltd. and 100 percent of the shares of Flour Inc. Which of the following statements is correct?
A) Doughboy and Yeast are associated.
B) Flour and Yeast are associated.
C) Doughboy and Flour are associated.
D) Doughboy is associated with both Yeast and Flour.
Correct Answer:
Verified
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