True/False
While the constitution of a company is technically a contract between, inter alia, the company and its directors, it is a unique contract created by statute pursuant to which no consideration is given and therefore it is not enforceable by the directors.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: John, Robert and Jackie are the only
Q3: Nightclub Pty Ltd is a company which
Q4: While the constitution of a company is
Q5: Jerry is the managing director of Little
Q6: Pirate Pty Ltd has a constitution which
Q8: What is (a) a memorandum of association;
Q9: Only mining companies are required to have
Q10: Article 11 of the constitution of GI
Q11: What are replaceable rules? When is it
Q12: What is a constitution? Why would a