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b) Set out true/false only to the following statements: (15 Marks) 1. Company-is not juristic person but a natural person under our law (2 Marks)

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b) Set out true/false only to the following statements: (15 Marks) 1. Company-is not juristic person but a natural person under our law (2 Marks) 2. Companies may be subsidiaries of another company (2 marks) 3. A Company can operate without a commencement of business certificate (2 Marks) 4. Director appoints Shareholders in a company. (2 Marks) 5. Company Secretaries prepare meetings of directors and shareholders (2 Marks) 6. Employees-mere workers who have no control over the company (2 Marks) 7. Board of Directors may earn a retainer amount instead of a salary? (2 Marks) 8. AGM stand for Annual General Meeting? (1 Mark)

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