Post Utme Bsu 2025 Commerce Question 5

Practice objective / multiple choice question 5 from the 2025 Post Utme Bsu Commerce examination.

Post Utme Bsu 2025 Commerce Objective / Multiple Choice
Question 5 POST_UTME_BSU • 2025 • COMMERCE • objective

A company's board of directors has the power to appoint and remove directors. However, the company's articles of association state that the shareholders have the final say in the appointment and removal of directors. What is the correct interpretation of this situation?

Answer Options

A. The board of directors has absolute power to appoint and remove directors
Correct Answer B. The shareholders have the final say in the appointment and removal of directors
C. The board of directors and shareholders have equal power to appoint and remove directors
D. The company's articles of association are inconsistent with the Companies Act
Correct Answer
B
Correct Option:
The shareholders have the final say in the appointment and removal of directors

About This Question

This is Post Utme Bsu 2025 Commerce Question 5. It is one of the objective questions from the 2025 Post Utme Bsu Commerce examination.

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