Question 1

Under s.171 the directors are obligated to

Accepted Answer

A)  only exercise corporate powers for the purposes for which they are conferred 
B)  only exercise corporate powers that may benefit the company 
C)  only exercise corporate powers that benefit themselves 
D)  only exercise corporate powers that benefit shareholders 
A)  only exercise corporate powers for the purposes for which they are conferred 
B)  only exercise corporate powers that may benefit the company 
C)  only exercise corporate powers that benefit themselves 
D)  only exercise corporate powers that benefit shareholders A

Question 2

What is the meaning of the acronym CSR?

Accepted Answer

A)  company social responsibility 
B)  corporate social responsibility 
C)  common social responsibility 
D)  corporate saving response 
A)  company social responsibility 
B)  corporate social responsibility 
C)  common social responsibility 
D)  corporate saving response B

Question 3

Groups with an interest in the company are called

Accepted Answer

A)  shareholders 
B)  stakeholders 
C)  holders 
D)  members 
A)  shareholders 
B)  stakeholders 
C)  holders 
D)  members B

Question 4

Directors owe their duties to

Accepted Answer

A)  the company 
B)  shareholders 
C)  the revenue 
D)  creditors 
A)  the company 
B)  shareholders 
C)  the revenue 
D)  creditors

Question 5

The duty to exercise reasonable care, skill and diligence in s.174 means that a director needs to act

Accepted Answer

A)  according to the skills he has 
B)  according to the skills expected of a person in this position 
C)  both a & b 
D)  according to agreed contractual standards 
A)  according to the skills he has 
B)  according to the skills expected of a person in this position 
C)  both a & b 
D)  according to agreed contractual standards

Question 6

The concept of stakeholder includes

Accepted Answer

A)  shareholders 
B)  employees 
C)  local communities 
D)  all of the above 
A)  shareholders 
B)  employees 
C)  local communities 
D)  all of the above

Question 7

The duty of directors to exercise independent judgment in s.175

Accepted Answer

A)  prohibits the delegation of duties 
B)  prohibits non-executive directors 
C)  obliges the presence of non-executive directors 
D)  is not incompatible with the delegation of duties 
A)  prohibits the delegation of duties 
B)  prohibits non-executive directors 
C)  obliges the presence of non-executive directors 
D)  is not incompatible with the delegation of duties

Question 8

Section 172(1) lists the company's key stakeholders. Which of the following groups is not represented?

Accepted Answer

A)  shareholders 
B)  creditors 
C)  employees 
D)  environment 
A)  shareholders 
B)  creditors 
C)  employees 
D)  environment

Question 9

The doctrine of Enlightened Shareholder Value is enshrined in Companies Act 2006 in section

Accepted Answer

A)  172 
B)  180 
C)  177 
D)  31 
A)  172 
B)  180 
C)  177 
D)  31

Question 10

Which of the following was not a reason for the reform of directors' duties in the Companies Act of 2006?

Accepted Answer

A)  providing clarity and accessibility 
B)  aligning the interests of the company and society 
C)  keeping regulation to the minimum 
D)  increasing regulation to the maximum 
A)  providing clarity and accessibility 
B)  aligning the interests of the company and society 
C)  keeping regulation to the minimum 
D)  increasing regulation to the maximum

Under s.171 the directors are obligated to

What is the meaning of the acronym CSR?

Groups with an interest in the company are called

Directors owe their duties to

The duty to exercise reasonable care, skill and diligence in s.174 means that a director needs to act

The concept of stakeholder includes

The duty of directors to exercise independent judgment in s.175

Section 172(1) lists the company's key stakeholders. Which of the following groups is not represented?

The doctrine of Enlightened Shareholder Value is enshrined in Companies Act 2006 in section

Which of the following was not a reason for the reform of directors' duties in the Companies Act of 2006?

Introduction to Criminal Law

Actus Reus

Mens Rea

Strict Liability

Parties to a Crime

Inchoate Offences

Capacity

General Defences

Mental Capacity Defences

Homicide

Sexual Offences

Theft

Robbery, Burglary and Other Offences in the Theft Acts

Fraud

Criminal Damage

Public Order Offences

Filters

Exam 11: Non-Fatal Offences Against the Person

Under s.171 the directors are obligated to

What is the meaning of the acronym CSR?

Groups with an interest in the company are called

Directors owe their duties to

The duty to exercise reasonable care, skill and diligence in s.174 means that a director needs to act

The concept of stakeholder includes

The duty of directors to exercise independent judgment in s.175

Section 172(1) lists the company's key stakeholders. Which of the following groups is not represented?

The doctrine of Enlightened Shareholder Value is enshrined in Companies Act 2006 in section

Which of the following was not a reason for the reform of directors' duties in the Companies Act of 2006?

Introduction to Criminal Law

Actus Reus

Mens Rea

Strict Liability

Parties to a Crime

Inchoate Offences

Capacity

General Defences

Mental Capacity Defences

Homicide

Sexual Offences

Theft

Robbery, Burglary and Other Offences in the Theft Acts

Fraud

Criminal Damage

Public Order Offences

Filters