Solved

Where Wrong Doing Directors (In a Case Involving the Sale

Question 5

Multiple Choice

Where wrong doing directors (in a case involving the sale of land) are also shareholders, which of the following are they not allowed to do?


A) pass an ordinary resolution approving a sale
B) ratify the breach
C) defeat a resolution to sue the directors
D) stop a legal action on the proper claimant principle

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions