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Which of the following is not one of the circumstances where company law recognises a corporate group a.Where consolidated accounts may be prepared. b.Where a
Which of the following is not one of the circumstances where company law recognises a corporate group
a.Where consolidated accounts may be prepared.
b.Where a shareholder of a subsidiary is entitled to payment of dividends from the holding company.
c.Where a subsidiary has engaged in insolvent trading, the holding company may be liable.
d.Where a director of a wholly owned subsidiary may act in the interests of the holding company in certain circumstances.
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