Question 1
(i) What is a 'quorum?'
A. The minimum number of 'qualifying persons' required in order to validly conduct
business.
B. A meeting that lacks a chairman.
C. The maximum number of persons who may attend a meeting.
D. A meeting that is invalid because sufficient notice has not been provided.
(ii) Which one of the following is not a right of a shareholder?
A. To receive a dividend declared by the company
B. To attend and vote a meetings
C. To receive the company's accounts
D. To manage company affairs
(iii) From which theoretical perspective would disclosure and transparency be best
explained?
A. Managerial hegemony theory
B. Stakeholder theory
C. Resource dependence theory
D. Agency theory
(iv) Which of the following will NOT be a likely ground to blow the whistle?
A. When there are serious breaches of company rules and regulations
B. When somebody feels personally aggrieved
C. When there are threats to human safety
D. When there are serious concerns about a possible fraud
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