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12 A Limited acquired 30% of the ordinary shares of B Limited. B Limited has 80% of the ordinary shares of C Limited. C Limited
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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 d. No relationship Step by Step Solution
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