1. Which of the following is a duty of company directors?

Select one:

a. Directors must act honestly.

b. Directors can allow insolvent trading.

c. Directors must act carelessly.

d. Directors can make improper use of information.

2. If a minor (under the age of 18 years) enters a contract to undertake an internship at an accounting firm, will the contract be valid and enforceable?

Select one:

a. No internships are never considered necessary for minors.

b. Yes an internship is considered necessary for the minor.

c. No minors can never enter contracts.

d. Yes it is a beneficial contract of service.