Maria is one of the directors in Leo Limited, which is one the subsidiaries of Aries Limited. She also has a joint control with Mimi in Virgo Limited. In this circumstance, the followings are related parties to Leo Limited, except for:
A) Mimi;
B) Maria;
C) Aries Limited;
D) Virgo Limited.

Question

Quizplus · Accepted Answer

Maria, as a director of Leo Limited, is a related party to Leo Limited. Aries Limited, as the parent company of Leo Limited, is also a related party. Virgo Limited, where Maria has joint control, is considered a related party due to her significant influence over the company. However, Mimi, who shares joint control with Maria in Virgo Limited but has no direct relationship with Leo Limited, is not considered a related party to Leo Limited based on the information provided.

Maria Is One of the Directors in Leo Limited, Which