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Sometimes Almost All the Directors of a Company Have Interests

Question 17

Multiple Choice

Sometimes almost all the directors of a company have interests in a contract. They should


A) gather the remaining independent directors and form a quorum.
B) vote as a corporate committee of the whole.
C) present the contract to a general meeting of shareholders for their ratification after full disclosure has been made.
D) present the contract to the management for a decision.
E) vote as a total board of directors.

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