Question 1

A person cannot hold directorship of more than ------------------companies at a time

Accepted Answer

A)  15
B)  50
C)  25
D)  10

Question 2

-------------------- vacancy is caused by resignation, death, insolvency or insanity

Accepted Answer

A)  Casual
B)  General
C)  Special
D)  None of the above

Question 3

Minimum number of directors in private company is ------------------

Accepted Answer

A)  3
B)  2
C)  4
D)  1

Question 4

------------------ is a group of people who are acting on behalf of the company

Accepted Answer

A)  Managing Director
B)  Partnership
C)  Board of Directors
D)  All of the above

Question 5

--------------------------- Member of directors need to retire every year

Accepted Answer

A)  2/3
B)  2
C)  ¼
D)  1/3

Exam 5: Company Law: Directors, Meetings and Management

--------------------------- Member of directors need to retire every year