4479623
Question 1
Question
Which of the following would be regarded as an issue of shares for an improper purpose?
Answer
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An issue of shares in return for a non-cash consideration.
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An issue of shares to enable the directors to maintain control of the board.
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An issue of shares to prevent a take-over bid
Question 2
Question
Which of the following are INCORRECT?
Answer
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The first directors are appointed by a resolution of the members at the company’s first Annual General Meeting.
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A director is a person who occupies the position of director by whatever name he or she is called.
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A shadow director is a person in accordance with whose directions or instructions the directors of the company are accustomed to act.
Question 3
Question
Which of the following duties does an employer owe?
Answer
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To always provide a reasonably safe system of work.
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To pay fines imposed for breach of the Management of Health and Safety at Work Regulations1999.
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To insure against possible civil liability to employees.
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