Multiple Choice
Under s.171 the directors are obligated to
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
Correct Answer:
Verified
Correct Answer:
Verified
Q2: What is the meaning of the acronym
Q3: Groups with an interest in the company
Q4: Directors owe their duties to<br>A) the company<br>B)
Q5: The duty to exercise reasonable care, skill
Q6: The concept of stakeholder includes<br>A) shareholders<br>B) employees<br>C)
Q7: The duty of directors to exercise independent
Q8: Section 172(1) lists the company's key stakeholders.
Q9: The doctrine of Enlightened Shareholder Value is
Q10: Which of the following was not a