WorksheetsDirectors : Revision
Total questions: 11
Worksheet time: 9mins
A private company shall have a minimum number of 1 director.
True
False
A Singaporean citizen who also lives in Malaysia is qualified to become a director.
True
False
There is a maximum age imposed by the Companies Act 2016 for a person to be a director in a company.
True
False
An undischarged bankrupt is disqualified to be appointed as a director of a company.
True
False
The post of Director will be vacated if he is found to be unsound mind.
True
False
When director used power for improper purpose, he is not in breach of director's duty if he believe it would benefit company.
True
False
A director may use his lack of experience and knowledge as a defence if he fails to exercise reasonable care, skill, and diligence.
True
False
When a director had first negotiated a contract on behalf of the company, he can take the contract for his own if he resigned.
True
False
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.
True
False
In exercising his powers and duties, a director may rely on experts' opinion but still has to evaluate the opinion independently using his wisdom.
True
False
Directors of a company may delegate their power to the company's officer unless such delegation is prohibited by the company's constitution.
True
False
