Contractual Group
A contractor will be consolidated by a controlling agreement Sid Section 291 founded. A controlling agreement entitles the dominant company, the chairman of the dependent company with regard to the management of the company to issue. This deposit law is comprehensive and is thus detrimental for instructions, unless they contradict the consolidated interest or constitutes a threat to the existence dependent companies dare. Precondition for the conclusion of the contract is a three-quarter majority in the General Assembly of both companies. The comprehensive legal remittance companies obtained the legal ruling the full management of the business dependent society.
Read more about this topic: Concern (business), The Legal Group – Term, Hierarchical Group
Famous quotes containing the word group:
“No other group in America has so had their identity socialized out of existence as have black women.... When black people are talked about the focus tends to be on black men; and when women are talked about the focus tends to be on white women.”
—bell hooks (b. c. 1955)