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need detailed explanations In which of the following separate scenarios would Ale be a Subsidiary of Hand plc? 1. Hand bought 300,000 of the 400,000
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In which of the following separate scenarios would Ale be a Subsidiary of Hand plc? 1. Hand bought 300,000 of the 400,000 ordinary shares of Ale Ltd but has no representation on the Board 2. Hand owns half the 400,000 ordinary shares of Ale Ltd and is represented by six of the ten Directors on the Board 3. Hand owns 40% of the ordinary shares in Ale Ltd, and 40% of the ordinary shares of Duck which itself owns 30% of Ale's ord. shares 4. Hand owns 60% of the preference shares of Ale Ltd 5. Hand owns 30% of the ordinary shares in Ale Ltd, and 60% of the ordinary shares of Duck which itself owns 30% of Ale's ord. shares A Scenarios: 1 and 2 ONLY B Scenarios: 1, 2, and 3 ONLY C Scenarios: 1, 2, and 5 ONLY D Scenarios: 1, 3, and 5 ONLY E All Five Scenarios Step by Step Solution
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