Does the equity holder in Power Finance deemed to have decision-making ability? Multiple Choice No because the outside investor will provide $16 million in exchange for a 100 percent nonvoting equity...


Does the equity holder in Power Finance<br>deemed to have decision-making ability?<br>Multiple Choice<br>No because the outside investor will provide<br>$16 million in exchange for a 100 percent<br>nonvoting equity interest in Power Finance.<br>No because Twin Peaks does not have power<br>to direct Power Finance's activities.<br>Yes because the outside investor will provide<br>$16 million in exchange for a 100 percent<br>voting equity interest in Power Finance.<br>Yes because Twin Peaks has the power to<br>direct Power Finance's activities.<br>

Extracted text: Does the equity holder in Power Finance deemed to have decision-making ability? Multiple Choice No because the outside investor will provide $16 million in exchange for a 100 percent nonvoting equity interest in Power Finance. No because Twin Peaks does not have power to direct Power Finance's activities. Yes because the outside investor will provide $16 million in exchange for a 100 percent voting equity interest in Power Finance. Yes because Twin Peaks has the power to direct Power Finance's activities.

Jun 01, 2022
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