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Question 7 Not yet answered In terms of the Companies Act companies are deemed to have the capacity and powers of a natural person of

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Question 7 Not yet answered In terms of the Companies Act companies are deemed to have the capacity and powers of a natural person of full capacity in so far as a juristic person is capable of exercising those powers. This means that: Marked out of 2 Select one: O a. A company is incapable of performing acts that are regarded as inherently human O b. A company does not exist as an entity in a physical sense and must act through its organs or agents O c. A company a company has unlimited capacity to take part in commercial activities Od. All of the above Question 12 A director's duty of reasonable care, skill and diligence entails that: Not yet answered Marked out of 2 Select one: O a. It is misleading to classify company directors for purposes of ascertaining their duties to the company. O b. A director must comply with his/her fiduciary duty of care and skill O c. A director must act according to the standard of a reasonably diligent person having the general knowledge, skill and experience that may reasonably be expected of a person carrying out the same functions as those carried out by that director in relation to the company. O d. All directors must be highly qualified

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