If a director sells a flat she owns to the company for 200.000 pounds, this would constitute
A) a substantial property transaction
B) a minor property transaction
C) a breach of duty
D) a criminal offence
Correct Answer:
Verified
Q1: What is the meaning of a conflict
Q2: Which of the following statements is incorrect?
Q4: Shareholder approval is needed for all but
Q5: Under s.177 a director is under a
Q6: A director has a duty not to
Q7: Which of the following would be considered
Q8: The ability of the board to provide
Q9: Directors have a duty to
A) avoid conflicts
Q10: Which are the principal fiduciary duties of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents