Which of the Following Can Result in a Loss of Control

question 2

Multiple Choice

Which of the following can result in a loss of control by a parent over a subsidiary?

• A) The parent sells some of the shares in the subsidiary.
• B) There is a change in the dispersion in the holding of shares by entities comprising the NCI.
• C) There may be a change in a contractual arrangement.
• D) All of the above.

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Definitions:

Contract Value

The total financial worth involved in a contract, comprising all revenues, costs, and other financial benefits agreed upon between the parties.

Common Law

A legal system based on precedent and customs rather than written statutes.

UCC

A comprehensive set of laws governing commercial transactions in the United States, designed to harmonize the law of sales and other commercial dealings across the country.

United Nations Declaration

A formal statement or document adopted by the United Nations outlining principles, rights, or intentions in various global matters.