If AB Ltd buys more than 50% of the shares in CD Ltd then which of the – McqOptions

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1.	If AB Ltd buys more than 50% of the shares in CD Ltd then which of the following statements accurately summarizes the relationship between these two firms?
A.	AB Ltd is a subsidiary undertaking of CD Ltd
B.	CD Ltd is the parent undertaking
C.	AB Ltd is the parent undertaking
D.	There is no significant financial relationship between the two
Answer» D. There is no significant financial relationship between the two

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