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Common ownership, for gray-market and recordation purposes, means which stake?

  1. Any ownership, including one percent
  2. Individual or aggregate ownership of more than 50 percent of the business
  3. Ownership of at least 10 percent
  4. Ownership of 100 percent only
Show the answer

B. Individual or aggregate ownership of more than 50 percent of the business

Common ownership means individual or aggregate ownership of more than 50 percent of the business entity. Common control means effective control of policy and operations and is not necessarily the same as common ownership.

Source: 19 CFR 133.2

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