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Directors : Revision

Total questions: 11

Worksheet time: 9mins

Name
Class
Date
1.

A private company shall have a minimum number of 1 director.

a)

True

b)

False

2.

A Singaporean citizen who also lives in Malaysia is qualified to become a director.

a)

True

b)

False

3.

There is a maximum age imposed by the Companies Act 2016 for a person to be a director in a company.

a)

True

b)

False

4.

An undischarged bankrupt is disqualified to be appointed as a director of a company.

a)

True

b)

False

5.

The post of Director will be vacated if he is found to be unsound mind.

a)

True

b)

False

6.

When director used power for improper purpose, he is not in breach of director's duty if he believe it would benefit company.

a)

True

b)

False

7.

A director may use his lack of experience and knowledge as a defence if he fails to exercise reasonable care, skill, and diligence.

a)

True

b)

False

8.

When a director had first negotiated a contract on behalf of the company, he can take the contract for his own if he resigned.

a)

True

b)

False

9.

When director made decision which fulfills the condition of Business Judgment Rule, he can still be sued for breach of duty when his decision caused loss to the company.

a)

True

b)

False

10.

In exercising his powers and duties, a director may rely on experts' opinion but still has to evaluate the opinion independently using his wisdom.

a)

True

b)

False

11.

Directors of a company may delegate their power to the company's officer unless such delegation is prohibited by the company's constitution.

a)

True

b)

False