Which of the following situations would indicate that HX Co has control over a subsidiary?

1) The company has a 50% shareholding with the other 50% owned by another company. Both owners must agree on future actions.

2) The company owns 100% of preference shares and 10% of the equity shares.

3) The company owns 40% of the ordinary shares and also has an agreement with another 40% of the owners of ordinary shares that they will always vote with the company

The company owns 30% of the ordinary shares and has the ability to control the board of directors.

a. 3 and 4

b. 1 and 2

c. 2 and 3

d. 1 and 4