Which body exercises the control of a registered company?

1.   ?    The general meeting
2.   ?    The board of directors
3.   ?    The company secretary
4.   ?    The general meeting and the board of directors

Which of the following describes a director with day to day responsibility for a company and its board of directors?

1.   ?    Chairman
2.   ?    Finance Director
   or
3.   ?    President
4.   ?    Managing direct

Which of the following ways describes how a company can remove a director under s 303 CA 1985?

1.   ?    By the passing of a special resolution of the general meeting
2.   ?    By the passing of an ordinary resolution of the general meeting
3.   ?    By the passing of a special resolution of the board of directors
4.   ?    By the passing of a special resolution of the board of directors

In Bushel v Faith (1970), the House of Lords held that:

1.   ?    The brother as director could be removed
2.   ?    The sisters had to sell their shares to the brother
3.   ?    The brother had to sell his shares to the sister who was a fellow director
4.   ?    Weighted voting rights in articles of association are valid

Which of the following is a form of action a court can take under the Company Directors Disqualification Act 1986?

1.   ?    Issue a disqualification order
2.   ?    Seek a disqualification undertaking
3.   ?    Impose a prison sentence
4.   ?    Remove a director

Which of the following is a correct statement in relation to a company secretary?

1.   ?    All company secretaries must be qualified professionally
2.   ?    Private companies are not required to have a company secretary
3.   ?    A company secretary must be a director
4.   ?    A company can have joint secretaries

In Panorama Developments v Fidelis Furnishing Fabrics (1970), Lord Denning held that the act of a company secretary in hiring cars on the company’s behalf, which he later used for personal use, was not binding on the company.

1.   ?    True
2.   ?    False

Which of the following statements is true?

1.   ?    The CA 1985 exempts auditors for breach of duty
2.   ?    An auditor must be a member of a recognised supervisory body
3.   ?    Only individuals and not firms can act as an auditor
4.   ?    An auditor cannot be removed until their term of office has expired

Which of the following is not a type of resolution of a general meeting?

1.   ?    Written resolution
2.   ?    Selective resolution
3.   ?    Ordinary resolution
4.   ?    Special resolution

Which of the following is not a type of general meeting?

1.   ?    Annual general meeting
2.   ?    Extraordinary general meeting
3.   ?    Special general meeting