LW F Management, administration and regulation of companies
Written by Saad Rahman (ACCA)
اے سی سی اے · کارپوریٹ اور بزنس لا · 8 سوالات
نام: ____________________ تاریخ: ____________
A person is not validly appointed but acts as a director. This person is:
- A A non-executive director
- B A shadow director
- C A de jure director
- D A de facto director
A shadow director is a person:
- A Whose instructions the directors are accustomed to follow
- B Who has been disqualified
- C Who works for the auditor
- D Who is secretly paid by the company
Which of these is a duty owed by a director to the company?
- A To maximise short-term profits
- B To avoid conflicts of interest
- C To guarantee the company's debts
- D To buy shares in the company
Which resolution needs at least 75 percent of the votes cast?
- A A special resolution
- B An ordinary resolution
- C A resolution of the directors
- D A written notice
What is a quorum?
- A The number of shares in issue
- B The number of directors
- C The number of votes for a special resolution
- D The minimum number of members needed for a meeting to be valid
Who generally appoints the company's auditor?
- A The company secretary
- B The members
- C The tax authority
- D The directors alone
What is a written resolution?
- A A resolution approved by the auditor
- B A court order
- C A resolution passed by members agreeing in writing without a meeting
- D A resolution of the board only
What is the role of a company secretary?
- A Providing finance
- B Auditing the accounts
- C Administrative tasks such as keeping statutory records and organising meetings
- D Setting the company's strategy
جوابی کلید
1. D, 2. A, 3. B, 4. A, 5. D, 6. B, 7. C, 8. C
A de facto director acts as a director without a valid appointment.
Shadow directors can be treated as directors for some purposes.
Directors must avoid conflicts and act to promote the company's success.
An ordinary resolution needs more than 50 percent.
Without a quorum, decisions at a meeting are not valid.
The auditor reports to the members on the financial statements.
It is an alternative to holding a meeting.
The secretary is an officer responsible for compliance and administration.