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Alpha Limited Acquired Shares in Bravo Limited

Question 28

Multiple Choice

Alpha Limited acquired shares in Bravo Limited. At the time of this acquisition Bravo Limited already held shares in Charlie Limited. This form of acquisition of an indirect ownership interest, by Alpha Limited in Charlie Limited, is known as a/an:


A) inconsequential acquisition.
B) indirect acquisition.
C) non-sequential acquisition.
D) unorthodox acquisition.

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