Directors – NBC Institute

BL – Nov 2012 – L1 – SA – Q20 – Company Law

Identify the document that authorizes directors' remuneration.

Question

A director is not entitled to remuneration unless it is authorized by which of the following documents?

A. The memorandum of association
B. The directors’ manual
C. The company’s handbook
D. The articles of association
E. The shareholders’ book

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Remuneration
Level: Level 1

Topic: Company Law
Series: NOV 2012

BL – May 2013 – L1 – SA – Q18 – Company Law

This question assesses knowledge of which company can appoint directors of another company.

Question

A company that can appoint or remove all or majority of the directors of another company at its sole discretion is ___________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Control, Corporate Governance, Directors
Level: Level 1

Topic: Company Law
Series: MAY 2013

BL – Nov 2015 – L2 – SB – Q1b – Company Law

Describe four circumstances in which a director must vacate office in a company.

Question

Directors of a company are the executives that direct the affairs of the company. Thus, such an important position must have certain attributes and be guided by prescribed rules.

Required:

Explain briefly FOUR circumstances under which a person must vacate office as director of a company.
(8 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Governance, Directors, Removal of Directors
Level: Level 1

Topic: Company Law
Series: NOV 2015

BL – Nov 2014 – L1 – SB – Q2c – Company Law

List and explain three sanctions for directors who breach fiduciary duties.

Question

A director that fails to observe fiduciary duties will be liable to sanctions.
You are required to list and explain briefly any THREE of such sanctions.
(Total 6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Breach, Directors, Fiduciary Duty, Sanctions
Level: Level 1

Topic: Company Law
Series: NOV 2014

BL – May 2022 – L1 – SA – Q9 – Company Law

Identify the type of company that may have less than two directors.

Question

Which of the following may have less than two directors?
A. Insurance company
B. Tax consultancy company
C. Small company
D. Unlimited liability company
E. Company limited by guarantee

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Governance, Directors
Level: Level 1

BL – Nov 2019 – L1 – SB – Q1c – Company Law

Explanation of circumstances that may disqualify a director from office.

Question

Company directors are appointed by the shareholders to manage the company.
Required:
Explain briefly FIVE circumstances that may disqualify a director from office. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Disqualification, Shareholders
Level: Level 1

Topic: Contract Law
Series: NOV 2019

BL – MAY 2016 – L1 – SA – Q14 – Company Law

This question examines conditions that disqualify someone from being a director of a company.

Question

The following are disqualified from being directors of a company EXCEPT
A. A person under the age of 18
B. An insolvent person
C. A person certified to be insane
D. A 30-year-old unemployed person
E. A corporate other than its accredited representative

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Disqualification
Level: Level 1

Topic: Company Law
Series: MAY 2016

BL – May 2015 – L1 – SB – Q2c – Company Law

Explain the duties of a company director and the legal implications of breaching them.

Question

Joe, a Pharmacist, is a director in Wuzup Pharmaceutical Company Limited. Last month, an investigation by police detectives revealed that Joe had been stealing drugs from the company’s store and selling them in his own private pharmacy. The board of Wuzup Pharmaceutical Company Limited was unaware that Joe owned and operated a private pharmacy.

It was also discovered that Joe had been accepting bribes from suppliers of chemicals to Wuzup Pharmaceutical Company Limited.

In view of these findings, the company has invited you to advise it on the duties of a company director.

i. State any FOUR duties of a company director. (4 Marks)
ii. Comment briefly on the legal implications of Joe’s actions in relation to his duties as a director in Wuzup Pharmaceutical Company Limited. (6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Directors, Fiduciary Duties, Legal Implications
Level: Level 1

Topic: Company Law
Series: MAY 2015

BCL – Nov 2020 – L1 – Q5b – Company Directors and Other Officers

Identify the conditions that apply when the regulations of a company require share qualification for directors.

Question

What TWO (2) conditions apply where the regulations of a company require share qualification? (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Company Regulations, Directors, Share Qualification
Level: Level 1

Topic: Company directors and other officers
Series: NOV 2020

BCL – Nov 2020 – L1 – Q5a – Company Directors and Other Officers

Explain whether share qualification is a necessary prerequisite for the appointment as a director in a company.

Question

Explain briefly whether a share qualification is part of the necessary prerequisites for the appointment as director in a company. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Share Qualification
Level: Level 1

Topic: Company directors and other officers
Series: NOV 2020

BL – Nov 2012 – L1 – SA – Q20 – Company Law

Identify the document that authorizes directors' remuneration.

Question

A director is not entitled to remuneration unless it is authorized by which of the following documents?

A. The memorandum of association
B. The directors’ manual
C. The company’s handbook
D. The articles of association
E. The shareholders’ book

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Remuneration
Level: Level 1

Topic: Company Law
Series: NOV 2012

BL – May 2013 – L1 – SA – Q18 – Company Law

This question assesses knowledge of which company can appoint directors of another company.

Question

A company that can appoint or remove all or majority of the directors of another company at its sole discretion is ___________.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Control, Corporate Governance, Directors
Level: Level 1

Topic: Company Law
Series: MAY 2013

BL – Nov 2015 – L2 – SB – Q1b – Company Law

Describe four circumstances in which a director must vacate office in a company.

Question

Directors of a company are the executives that direct the affairs of the company. Thus, such an important position must have certain attributes and be guided by prescribed rules.

Required:

Explain briefly FOUR circumstances under which a person must vacate office as director of a company.
(8 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Governance, Directors, Removal of Directors
Level: Level 1

Topic: Company Law
Series: NOV 2015

BL – Nov 2014 – L1 – SB – Q2c – Company Law

List and explain three sanctions for directors who breach fiduciary duties.

Question

A director that fails to observe fiduciary duties will be liable to sanctions.
You are required to list and explain briefly any THREE of such sanctions.
(Total 6 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Breach, Directors, Fiduciary Duty, Sanctions
Level: Level 1

Topic: Company Law
Series: NOV 2014

BL – May 2022 – L1 – SA – Q9 – Company Law

Identify the type of company that may have less than two directors.

Question

Which of the following may have less than two directors?
A. Insurance company
B. Tax consultancy company
C. Small company
D. Unlimited liability company
E. Company limited by guarantee

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Corporate Governance, Directors
Level: Level 1

BL – Nov 2019 – L1 – SB – Q1c – Company Law

Explanation of circumstances that may disqualify a director from office.

Question

Company directors are appointed by the shareholders to manage the company.
Required:
Explain briefly FIVE circumstances that may disqualify a director from office. (10 Marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Disqualification, Shareholders
Level: Level 1

Topic: Contract Law
Series: NOV 2019

BL – MAY 2016 – L1 – SA – Q14 – Company Law

This question examines conditions that disqualify someone from being a director of a company.

Question

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Disqualification
Level: Level 1

Topic: Company Law
Series: MAY 2016

BL – May 2015 – L1 – SB – Q2c – Company Law

Explain the duties of a company director and the legal implications of breaching them.

Question

It was also discovered that Joe had been accepting bribes from suppliers of chemicals to Wuzup Pharmaceutical Company Limited.

In view of these findings, the company has invited you to advise it on the duties of a company director.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Directors, Fiduciary Duties, Legal Implications
Level: Level 1

Topic: Company Law
Series: MAY 2015

BCL – Nov 2020 – L1 – Q5b – Company Directors and Other Officers

Identify the conditions that apply when the regulations of a company require share qualification for directors.

Question

What TWO (2) conditions apply where the regulations of a company require share qualification? (10 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Company Regulations, Directors, Share Qualification
Level: Level 1

Topic: Company directors and other officers
Series: NOV 2020

BCL – Nov 2020 – L1 – Q5a – Company Directors and Other Officers

Explain whether share qualification is a necessary prerequisite for the appointment as a director in a company.

Question

Explain briefly whether a share qualification is part of the necessary prerequisites for the appointment as director in a company. (5 marks)

Answer

Find Related Questions by Tags, levels, etc.

Tags: Company Law, Directors, Share Qualification
Level: Level 1

Topic: Company directors and other officers
Series: NOV 2020

Question Tag: Directors

Filter by Professional Bodies

Filter by Subject

Filter by Series

Filter by Topics

Filter by Levels

BL – Nov 2012 – L1 – SA – Q20 – Company Law

Identify the document that authorizes directors' remuneration.

You're reporting an error for "BL – Nov 2012 – L1 – SA – Q20 – Company Law"

BL – May 2013 – L1 – SA – Q18 – Company Law

This question assesses knowledge of which company can appoint directors of another company.

You're reporting an error for "BL – May 2013 – L1 – SA – Q18 – Company Law"

BL – Nov 2015 – L2 – SB – Q1b – Company Law

Describe four circumstances in which a director must vacate office in a company.

You're reporting an error for "BL – Nov 2015 – L2 – SB – Q1b – Company Law"

BL – Nov 2014 – L1 – SB – Q2c – Company Law

List and explain three sanctions for directors who breach fiduciary duties.

You're reporting an error for "BL – Nov 2014 – L1 – SB – Q2c – Company Law"

BL – May 2022 – L1 – SA – Q9 – Company Law

Identify the type of company that may have less than two directors.

You're reporting an error for "BL – May 2022 – L1 – SA – Q9 – Company Law"

BL – Nov 2019 – L1 – SB – Q1c – Company Law

Explanation of circumstances that may disqualify a director from office.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q1c – Company Law"

BL – MAY 2016 – L1 – SA – Q14 – Company Law

This question examines conditions that disqualify someone from being a director of a company.

You're reporting an error for "BL – MAY 2016 – L1 – SA – Q14 – Company Law"

BL – May 2015 – L1 – SB – Q2c – Company Law

Explain the duties of a company director and the legal implications of breaching them.

You're reporting an error for "BL – May 2015 – L1 – SB – Q2c – Company Law"

BCL – Nov 2020 – L1 – Q5b – Company Directors and Other Officers

Identify the conditions that apply when the regulations of a company require share qualification for directors.

You're reporting an error for "BCL – Nov 2020 – L1 – Q5b – Company Directors and Other Officers"

BCL – Nov 2020 – L1 – Q5a – Company Directors and Other Officers

Explain whether share qualification is a necessary prerequisite for the appointment as a director in a company.

You're reporting an error for "BCL – Nov 2020 – L1 – Q5a – Company Directors and Other Officers"

BL – Nov 2012 – L1 – SA – Q20 – Company Law

Identify the document that authorizes directors' remuneration.

You're reporting an error for "BL – Nov 2012 – L1 – SA – Q20 – Company Law"

BL – May 2013 – L1 – SA – Q18 – Company Law

This question assesses knowledge of which company can appoint directors of another company.

You're reporting an error for "BL – May 2013 – L1 – SA – Q18 – Company Law"

BL – Nov 2015 – L2 – SB – Q1b – Company Law

Describe four circumstances in which a director must vacate office in a company.

You're reporting an error for "BL – Nov 2015 – L2 – SB – Q1b – Company Law"

BL – Nov 2014 – L1 – SB – Q2c – Company Law

List and explain three sanctions for directors who breach fiduciary duties.

You're reporting an error for "BL – Nov 2014 – L1 – SB – Q2c – Company Law"

BL – May 2022 – L1 – SA – Q9 – Company Law

Identify the type of company that may have less than two directors.

You're reporting an error for "BL – May 2022 – L1 – SA – Q9 – Company Law"

BL – Nov 2019 – L1 – SB – Q1c – Company Law

Explanation of circumstances that may disqualify a director from office.

You're reporting an error for "BL – Nov 2019 – L1 – SB – Q1c – Company Law"

BL – MAY 2016 – L1 – SA – Q14 – Company Law

This question examines conditions that disqualify someone from being a director of a company.

You're reporting an error for "BL – MAY 2016 – L1 – SA – Q14 – Company Law"

BL – May 2015 – L1 – SB – Q2c – Company Law

Explain the duties of a company director and the legal implications of breaching them.

You're reporting an error for "BL – May 2015 – L1 – SB – Q2c – Company Law"

BCL – Nov 2020 – L1 – Q5b – Company Directors and Other Officers

Identify the conditions that apply when the regulations of a company require share qualification for directors.

You're reporting an error for "BCL – Nov 2020 – L1 – Q5b – Company Directors and Other Officers"

BCL – Nov 2020 – L1 – Q5a – Company Directors and Other Officers

Explain whether share qualification is a necessary prerequisite for the appointment as a director in a company.

You're reporting an error for "BCL – Nov 2020 – L1 – Q5a – Company Directors and Other Officers"

Our offerings

Contact Info

Customer

Get In Touch

NBC Institute

admin