A Limited acquired 30% of the ordinary shares of B Limited. B Limited has 80% of...
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A Limited acquired 30% of the ordinary shares of B Limited. B Limited has 80% of the ordinary shares of C Limited. C Limited has 65% of the ordinary shares of D limited. A limited and D limited have joint control of E Limited and each has 50% in E Limited. What is the relationship between B Limited and D Limited? Select one: a. Investor-joint venture b. Parent-subsidiary c. Acquirer-acquiree O d. No relationship A Limited acquired 30% of the ordinary shares of B Limited. B Limited has 80% of the ordinary shares of C Limited. C Limited has 65% of the ordinary shares of D limited. A limited and D limited have joint control of E Limited and each has 50% in E Limited. What is the relationship between B Limited and D Limited? Select one: a. Investor-joint venture b. Parent-subsidiary c. Acquirer-acquiree O d. No relationship
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B is correct ie parent A Share 30 B 100 B Sharie e shane 1650 SSD E Share A D share D Share ... View the full answer
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The Legal Environment Today Summarized Case Edition
ISBN: 978-1305262768
8th Edition
Authors: Roger LeRoy Miller
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