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Does fred ltd control ginger ltd

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Fred Ltd owns 45% of the shares of Ginger Ltd; no other party owns more than 5% of the shares. At annual general meetings, only the holders of around 80% of the shares were present and voted in each of the previous years' annual meetings.

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Question 1: In your opinion, does Fred Ltd control Ginger Ltd? Explain your answer, with reference to the definition of control.

Reference no: EM132553889

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