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When A Parent And Subsidiary Relationship Exist Consolidated Financial Statements Are Prepared In Re

Consolidated financial statements are prepared when a parent-subsidiary relationship has been formed. An investor is considered to have parent status when control over an investee is established or more than 50% of the voting stock of the investee has been acquired. 2. When a parent and subsidiary relationship exists, consolidated… 

When Amazon Says Shipping Now

If you ordered from a third party seller in the Amazon marketplace this process may take longer as the seller is usually a smaller business or indivi The phrase “shipping now” in respect to your Amazon order is an indicator of a change in status of your order. When it… 

When An Agent Manifests His Wish To Discontinue The Agency To The Principal It Is Called Renunciatio

When an agent manifests his wish to discontinue the agency to the principal, it is called renunciation. The death of the agent will terminate the agency relationship. Sending direct personal statements to the third party about the termination of an agency is called constructive notification. When an agency is terminated,…