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
Q1: Which of the following was not a
Q2: The duty of directors to exercise independent
Q4: Section 172(1) lists the company's key stakeholders.
Q5: What is the meaning of the acronym
Q6: The doctrine of Enlightened Shareholder Value is
Q7: Directors owe their duties to
A) the company
B)
Q8: The concept of stakeholder includes
A) shareholders
B) employees
C)
Q9: Groups with an interest in the company
Q10: The duty to exercise reasonable care, skill
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