Post Utme Summit University 2017 Commerce Question 27

Practice objective / multiple choice question 27 from the 2017 Post Utme Summit University Commerce examination.

Post Utme Summit University 2017 Commerce Objective / Multiple Choice

Question 27 POST_UTME_SUMMIT_UNIVERSITY • 2017 • COMMERCE • objective

A company's articles of association may provide for the appointment of a managing director. What are the implications of this provision?

Answer Options

A. The managing director has absolute authority over the company.

Correct Answer B. The managing director has limited authority over the company.

C. The provision is irrelevant to the company's operations.

D. The provision is only applicable in certain circumstances.

Correct Answer

Correct Option:

The managing director has limited authority over the company.

About This Question

This is Post Utme Summit University 2017 Commerce Question 27. It is one of the objective questions from the 2017 Post Utme Summit University Commerce examination.

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