Unicorn Trustees has a fiduciary relationship with Amble Limited enabling it to direct certain activities of Amble Limited. As a result of this relationship:
A) Unicorn Trustees is regarded as a parent entity of Amble Limited;
B) Amble Limited is regarded as a subsidiary of Unicorn Trustees;
C) a parent-subsidiary relationship is not regarded as existing between these two parties;
D) a parent-subsidiary relationship is regarded as existing between these two parties as Unicorn is able to direct the activities of Amble Limited.

Question

Quizplus · Accepted Answer

The Answer of Unicorn Trustees has a fiduciary relationship with Amble Limited enabling it to direct certain activities of Amble Limited. As a result of this relationship:
A) Unicorn Trustees is regarded as a parent entity of Amble Limited;
B) Amble Limited is regarded as a subsidiary of Unicorn Trustees;
C) a parent-subsidiary relationship is not regarded as existing between these two parties;
D) a parent-subsidiary relationship is regarded as existing between these two parties as Unicorn is able to direct the activities of Amble Limited.

Unicorn Trustees Has a Fiduciary Relationship with Amble Limited Enabling