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Question 1 {2 points) Who is not a party to a debenture issue? 0 guarantor O debenture manager 0 debenture issuer O debenture holder Question
Question 1 {2 points) Who is not a party to a debenture issue? 0 guarantor O debenture manager 0 debenture issuer O debenture holder Question 2 {2 points) Which of the following is not a members' right? 0 Right to appoint and remove directors 0 Right to decide the remuneration of directors 0 Right to change the constitution 0 Right to take part in the management of the company Question 3 {2 points) Historically, companies used an and restricted to carrying out only activities listed in the r Question 4 {2 points) Business Judgement rule is a defence for breach of 0 Section 183- dutyr not to use information properly:r 0 Section 182- dutyr not to misuse position 0 Section 180- dutyr to act with due care. skill and diligence 0 Section 181- dutyr to act in good faith and for proper purpose Question 5 {2 points} Which of the following is not true about a partnership? 0 unlimited liability of partners 0 can be created by oral or written agreement 0 operate with a View of profits 0 is recognised as a separate legal entityr
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