In Relation to the Decision in Industrial Equity Ltd V

question 50

Multiple Choice

In relation to the decision in Industrial Equity Ltd v Blackburn [1977] HCA 59 which of the following statements is NOT correct?

• A)Holding and subsidiary companies have separate legal obligations.
• B)A holding company must pay tax on the dividends of a subsidiary.
• C)A holding company can pay a dividend out of a subsidiary company's profits.
• D)A holding company is a separate legal entity from a subsidiary.

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Definitions:

Archetypes

Archetypes are universally recognized symbols, themes, or patterns that recur in myths, stories, and dreams, often used in the study of psychology by Carl Jung.

Ancestral Memories

The inherited patterns of thought, feeling, and behavior that are passed down from one generation to the next.

Response Tendencies

Patterns or predispositions in the way individuals react to certain stimuli or situations, often influenced by psychological factors.

B.F. Skinner

An American psychologist best known for his work in behaviorism and the development of the theory of operant conditioning.