Brown Ltd Acquired 21% of the Issued Share Capital of Dockers

question 18

Multiple Choice

Brown Ltd acquired 21% of the issued share capital of Dockers Ltd.Brown Ltd does not have significant influence or control over the operating policies of Dockers Ltd, but it does have significant influence over the financial policies of Dockers Ltd.Dockers Ltd is a/an _________________ of Brown Ltd.

• A)investment
• B)partner
• C)associate
• D)subsidiary

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Definitions:

Macro Practice

A social work approach focusing on large-scale social processes and structures, aiming at societal change and reform.

Generalist Practice

An approach in social work that equips practitioners with a broad range of skills to address a variety of problems in different settings.

Coalition

An alliance or partnership between groups or individuals, often formed to achieve a common goal or address a shared concern, leveraging collective resources and efforts.

Economic Justice

A concept or ideal that aims for fair access to economic resources and opportunities, ensuring equitable wealth distribution and financial fairness among individuals and communities.