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Question 3 Consider each of the following situations: (a) Mr P. Entity A 70% 30% Entity B Mr P controls entity A and is able

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Question 3 Consider each of the following situations: (a) Mr P. Entity A 70% 30% Entity B Mr P controls entity A and is able to extract significant influence over entity B (b) Mr P Entity A 25% 30% Entity B Mr P is able to exert significant influence over entity A and entity B. For each situation determine the relationship between entity A and entity B. Explain. (10 marks)

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