Liu Xiaoxuan considered that claim to residue refers to residual rights of control with the

implication that those with claims regarding the ownership of residue are the contractual
controllers in respect of actions concerning the assets and have the final decision and also
that they bear operational profits and losses independently.

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Question 2
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India's Company Law provides that companies can take two forms, namely limited liability
companies or joint stock limited companies.

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False 

Question 3
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In China, transactions in enterprise control rights began in 1984 in such cities as Baoding
and Wuhan.

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Question 4
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The City of London Regulations of the United Kingdom define control rights as the
ownership or joint ownership of 30% or more of the voting shares in a company whether or
not the amount owned constitutes the actual voting rights.

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U.S. Federal Securities Act provides control which means the power to exercise a controlling
influence over a company's operational management or general and specific policies or the
activity of a natural person directly or indirectly whether by voting a contract or other
means.

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Decision management includes the decision's initial proposal and its implementation after
authorization while decision control includes the examination and approval of the proposed
decision and supervision of its implementation.

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Question 7
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Mechanisms of restraint in corporate control can be examined with regard to internal and
external mechanisms. Internal control mechanisms are also known as the company's internal
governance structure.

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Partnerships are the result of the extension of proprietorial enterprises wherein if
proprietors establish a partnership by means of a contract they become partners.

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Question 9
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Internal control mechanisms of corporate governance are mainly reflected in the market for
corporate control and especially in contention for control rights.

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Question 10
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Commercial rights of control are the power to make decisions regarding the distribution of
the residue produced under the contract.

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False