Question: Consider the following statements and explain why they might be true or false: (a) The directors may not appoint the first auditor, neither may they

Consider the following statements and explain why they might be true or false:

(a) The directors may not appoint the first auditor, neither may they appoint an auditor to fill a vacancy caused by the death of the incumbent auditor.

(b) The remuneration of auditors is not always fixed by the company in general meeting.

(c) When auditors are dismissed during their term of office, remuneration may nevertheless be claimed.

(d) Auditors who are dismissed have the right to make such representations to shareholders as they wish.

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a True According to Sections 489490 of the CA 2006 the appointment of the first auditor must be made at the companys first general meeting Additionall... View full answer

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