Which of the following statements is correct in relation to company secretaries?
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1 .What is the minimum number of directors for private and public limited companies?
A Private One；Public One B Private One；Public Two C Private Two；Public Two D Private Two；Public Three
2 .Stavros was the chief executive officer (CEO) of TTT Ltd, but resigned in order to establishhis own company. Once the company was formed, he tendered successfully for a contract ofwhich he became aware when attending a confidential meeting on behalf of TTT Ltd in hiscapacity as CEO. Stavros’ new company made a substantial profit.Which of the following is a consequence of Stavros’ actions?
A Any profit made by the new company can be claimed by TTT Ltd B Stavros was entitled to form the new company and accept the tender, so TTT Ltdhas no recourse C Stavros can be prosecuted for his use of confidential information after leaving TTTLtd D Stavros has no liability as his company has a sepa...
3 .Under the Companies Act 2006, which of the following is a correct statement about theposition of shadow directors?
A It is illegal to act as a shadow director B Particulars of shadow directors must be registered with the Registrar of Companies C A shadow director has the same obligations as a de facto director of the company
4 .Which of the following statements about advice given by an auditor is correct?(1) Auditors who provide negligent advice may be held liable for breach of contract bythe company which appointed them.(2) Auditors who provide negligent advice to the company which appointed them maybe held liable for breach of contract by the company and its individual shareholders.(3) Auditors who provide advice to an individual and know how the advice will be usedmay be held liable if they are negligent in giving that advice.
A 1 only B 1 and 2 only C 1 and 3 only D 2 and 3 only
5 .Who is legally obliged to maintain a company’s appropriate accounting records?
A The auditor B The company secretary C The finance director D The directors
7 .Which of the following is a routine duty of a company secretary?
A Maintaining order at general meetings B Setting the agenda for board meetings and general meetings C Liaison between the company and the Registrar of Companies
8 .How can a company’s external auditor be removed by the members?
A Ordinary resolution with ordinary notice B Ordinary resolution with special notice C Special resolution with ordinary notice
9 .Dev is the company Secretary of LLL plc. He entered into a contract to rent cars for use bythe sales team. However, the directors of the company objected to what they considered to bean excessive price and refused to pay.Can the car rental company enforce the payment?
A The car rental company will not be able to enforce the payment as the board ofdirectors of LLL plc have refused to sanction it B The car rental company can successfully claim that Dev had apparent authority toenter into the contract as he showed his business card before signing it C The car rental...
10 .Under the Companies Act 2006, which of the following is duty of an auditor?
A To prevent and detect fraud in the client company B To check all transactions of the client company C To report on the financial statements of the client company
