According to the definition of an officer in the Corporations Act,which of the following parties could be considered to be an officer of an Australian company?
I A liquidator
II A senior manager
III A trustee
IV A receiver
A)I and IV
B)I,II and III
C)II,III and IV
D)I,II,III and IV

Question

Quizplus · Accepted Answer

Under the Corporations Act, an officer of a company includes a director or secretary of the corporation, a person who makes or participates in making decisions that affect the whole or a substantial part of the business, a person who has the capacity to affect significantly the corporation's financial standing, and a receiver, or a liquidator of the corporation. Therefore, all listed parties could be considered officers.

According to the Definition of an Officer in the Corporations