The duty to exercise reasonable care, skill and diligence in s.174 means that a director needs to act
A) according to the skills he has
B) according to the skills expected of a person in this position
C) both a & b
D) according to agreed contractual standards
Correct Answer:
Verified
Q1: Which of the following was not a
Q2: The duty of directors to exercise independent
Q3: Under s.171 the directors are obligated to
A)
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
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