- 1 Marks
BCL – L1 – SA – Q81 – Company Directors
Question
A may be defined as a person having control over the affairs, conduct and management of a company.
A Shareholders
B Director
C Body Corporate
D Member
Answer
B
Explanation:
The correct answer is B because directors are responsible for controlling and managing the company’s affairs, as per their fiduciary duties. Shareholders (A) own the company but do not manage it, a body corporate (C) is the company itself, and members (D) are shareholders, not managers.
- Tags: Company Law, Director Role, Management Control
- Level: Level 1
- Uploader: Samuel Duah