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Section A Time Remaining x1 9 . complete ACCA Registration Number: 4902453 ACCA Question 24 1 mark 01:55:51 the Exam Progress Details Corporate and Business

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Section A Time Remaining x1 9 . complete ACCA Registration Number: 4902453 ACCA Question 24 1 mark 01:55:51 the Exam Progress Details Corporate and Business Law (LW-GLO) Which of the following is a benefit of a letter of comfort to a potential lender? It guarantees that they will be repaid by the borrower's parent company if the borrower defaults on the loan It provides reassurance that the borrower's parent company approves of the loan It provides evidence that the borrower currently has sufficient funds to repay the loanSection A Time Remaining Comecomplete ACCA Registration Number: 4902453 ACCA Question 22 2 marks 01:55:55 Exam Progress Details Corporate and Business Law (LW-GLO) Which TWO of the following statements apply to the role of company directors? A shadow director is subject to the same duties as an executive director Every company must appoint at least two directors A non-executive director performs a specific role in a company under a service contract A de jure director is a person expressly appointed by a company as a directorACCA ACCA Registration Number: 4902453 Question 23 1 mark 01:55:53 Exam Progress Details Corporate and Business Law (LW-GLO) Under the UNCITRAL Model Law on International Commercial Arbitration, which of the following is NOT a requirement of an arbitral award? It must state the place of arbitration It must be copied and sent to each of the parties It must be signed by all the arbitrators ?

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