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QUESTION TWO [20] 2

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QUESTION TWO [20] 2.1. Company A owns 60% of Company B and Company B owns 30% of the ordinary shares of Company C. Discuss the degree of influence (control) Company A has over both the companies. (10) 2.2. Company X owns 40% of Company Y and Company Y owns 30% of the ordinary shares of Company Z. Discuss the degree of influence (control) Company X has over both the companies. (10)