Is there a parent$-$subsidiary relationship in each of the situations below? If the situation is ambiguous,

identify the factors that will determine if a parent$-$subsidiary relationship exists.

A$.$ Company A signs an agreement with company B to set up company C in China. Both company A

nd Company B will have $50\%$ voting rights in company C$.$

B$.$ Company A buys $100\%$ of the net assets company B$.$ The purchase price includes goodwill.

Company B is subsequently dissolved.

C$.$ Company A arranges to have its shares acquired by Company B who issues new shares to the

owners of company A$.$ The owners of Company A are also the executive directors of Company

A$.$ Company B gives three of five seats on the board of directors to the executive directors of

company A