Post Utme Nile University 2022 Commerce Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Nile University Commerce examination.

Post Utme Nile University 2022 Commerce Objective / Multiple Choice
Question 19 POST_UTME_NILE_UNIVERSITY • 2022 • COMMERCE • objective

A company's memorandum of association specifies that the company's business will be carried on in Nigeria. The company's directors decide to establish a branch in Ghana. Is this decision in compliance with the company's memorandum of association?

Answer Options

A. Yes, the company's directors have the authority to make this decision.
Correct Answer B. No, the company's directors do not have the authority to make this decision.
C. Maybe, it depends on the company's articles of association.
D. It's not relevant, the company's memorandum of association only specifies the company's business location.
Correct Answer
B
Correct Option:
No, the company's directors do not have the authority to make this decision.

About This Question

This is Post Utme Nile University 2022 Commerce Question 19. It is one of the objective questions from the 2022 Post Utme Nile University Commerce examination.

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