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Question 5 (20 marks) Part A Fred Ltd owns 45% of the shares of Ginger Ltd; no other party owns more than 5% of the

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Question 5 (20 marks) Part A Fred Ltd owns 45% of the shares of Ginger Ltd; no other party owns more than 5% of the shares. At annual general meetings, only the holders of around 80% of the shares were present and voted in each of the previous years'annual meetings. QS-A In your opinion, does Fred Ltd control Ginger Led? Explain your answer with reference to the definition of control, 6 marks

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