Which ONE of the Following Is the Principle Derived from Factortame

question 18

Multiple Choice

Which ONE of the following is the principle derived from Factortame (No. 2) ?

• A) Spanish fishermen are allowed to register fishing boats in the UK and to fish in UK waters.
• B) The Merchant Shipping Act 1988 was overturned by the Court of Justice (CJEU).
• C) Parliament intends all future legislation to be compliant with European law unless it specifically states otherwise.
• D) UK law takes precedence over European law.

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Definitions:

Shares

Units of ownership interest in a corporation or financial asset, representing a portion of the corporation's equity.

Post-Acquisition Equity

The equity interest obtained after the acquisition of assets or another company.

Multiple Subsidiary

Refers to scenarios where a parent company owns more than one subsidiary, each operating as a separate entity but controlled by the parent.

Indirect Acquisition

The process of obtaining control over a company by acquiring another entity that already holds a controlling interest in the target company.