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Solve it As at 30 June 2020, Jason Ltd owns 40% of the voting shares in Derulo Ltd. Jason owns an option which gives Jason

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As at 30 June 2020, Jason Ltd owns 40% of the voting shares in Derulo Ltd. Jason owns an option which gives Jason Led the right to acquire an additional 30% of the shares in Derulo Ltd. The option is currently exercisable and "out of the money". Jason Ltd is actively involved in the operations of Derulo Ltd. Does Jason Ltd control Derulo Ltd? Jason Ltd controls Derulo Ltd as it has power over the majority of shares in Derulo Ltd. Jason Ltd does not control Derulo Ltd as it is not currently involved in making decisions in Derulo Ltd. Jason Ltd does not control Derulo Ltd as it owns less than the majority of shares in Derulo Ltd. Jason Ltd controls Derulo Ltd as it is actively involved in the operations of Derulo Ltd

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