The Equity in a Subsidiary Not Attributable to a Parent

question 13

Multiple Choice

The equity in a subsidiary not attributable to a parent is known as a/an:

• A) non-controlling interest.
• B) attributable interest.
• C) non-parent interest.
• D) external interest.

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Definitions:

Forum Non Conveniens

A legal doctrine allowing a court with jurisdiction to dismiss a case if another more appropriate forum exists that would better serve the convenience of the parties and the ends of justice.

Alternative Dispute Resolution

A range of processes used to resolve conflicts or disputes without resorting to traditional court litigation, examples include mediation and arbitration.

Techniques

Methods or strategies developed to carry out a particular task or to work towards an objective efficiently.

Civil Case

A non-criminal lawsuit in which one party sues another for the recovery of a private right or compensation for a wrong.