Members of private companies often enter into so-called “shareholder agreements”. Which of the following elements of a shareholder agreement are NOT true of articles of association?
(i) A shareholder agreement is a private document not open to public inspection.
(ii) All the provisions of a shareholder agreement have contractual force.
(iii) The terms of a shareholder agreement can only be amended by unanimous consent and not by majority agreement.
Which of the following groups is a non-financial as opposed to a financial stakeholder of a company?
Governance denotes the generic way an organization is run with particular emphasis on:
Which of the following statements is correct following the enactment of the Companies Act 2006?
(i) A public company must hold an annual general meeting within six months of the end of its accounting reference date.
(ii) A private company is no longer required to hold an annual general meeting.
(iii) A private company must give 21 days' notice of a general meeting.
In relation to international regulations, which of the following is correct?
i. International regulations seek to establish common standards between professions practicing in different States so as to further international cooperation and agreement.
ii. International regulations agreed by the professional bodies of different States have the force of international law.
iii. International regulations which harmonies standards and procedures may be incorporated into contracts by commerce and the professions.
Which TWO of the following options describe safeguards that the CIMA Code of Ethics states may eliminate or reduce threats to compliance with fundamental principles to an acceptable level?
You work for a pharmaceutical company. Which of the following corporate issues is NOT related to ethics or social responsibility?
In the event of a breach of contract, what is the purpose of damages?
(i) To punish the contract breaker.
(ii) To compensate the innocent party.
(iii) To ensure that the innocent party makes a profit.