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joint control

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › joint control

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.
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  • June 5, 2021 at 11:05 am #623264
    Noah098
    Member
    • Topics: 935
    • Replies: 352
    • ☆☆☆☆☆

    sir this is CRYPTO (SBR INT)mar/june 2019 question

    “It must be clear which combination of parties is required to agree unanimously to decisions about the relevant activities of the arrangement. In the case of Kurran, there is more than one combination of parties possible to reach the required majority. As a result, Crypto does not have joint control.”

    sir why should it be clear exactly which combination of parties is required to agree unanimously?

    Can’t multiple parties and multiple combinations of them mean a joint control exists?

    June 6, 2021 at 1:10 pm #623437
    Stephen Widberg
    Keymaster
    • Topics: 17
    • Replies: 3444
    • ☆☆☆☆☆

    Joint control = all parties have right of veto (i.e. to block decision making)

    United Nations = NOT joint control because only 5 countries have right of veto

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