A major mining company owns a mining subsidiary in South America, where the government enforces stringent control over cash payments outside the country. The parent cannot control all the assets of the subsidiary, despite owning a majority of the voting shares, but should prepare consolidated statements with the subsidiary
Indicate whether the statement is true or false
F
Business
You might also like to view...
Contracts made by minors can be enforceable in certain situations
Indicate whether the statement is true or false
Business
What is the name for the legal process by which a plaintiff can learn the location of a defendant's bank account?
A) garnishment B) debtor examination C) writ of seizure D) execution E) discovery
Business