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QUESTION ONE [20] 1. Company A owns 60% of Company B and Company B owns 30% of the ordinary shares of Company C. Discuss the

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QUESTION ONE [20] 1. Company A owns 60% of Company B and Company B owns 30% of the ordinary shares of Company C. Discuss the degree of influence (control) Company A has over both the companies. (10) 2. Company X owns 40% of Company Y and Company Y owns 30% of the ordinary shares of Company Z. Discuss the degree of influence (control) Company X has over both the companies

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