Question No 38:
Which ONE of the following would be regarded as a related party of CXZ?
A. The wife of CXZ’s finance director.
B. CXZ’s main supplier, supplying approximately 35% of CXZ’s purchases.
C. CXZ’s biggest customer, providing 60% of CXZ’s annual revenue.
D. CXZ’s banker providing CXZ with an overdraft facility and a short-term loan at market rates.
Answer: A
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