Quiz on Directors and Corporate Governance

Quiz on Directors and Corporate Governance

University

20 Qs

quiz-placeholder

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Quiz on Directors and Corporate Governance

Quiz on Directors and Corporate Governance

Assessment

Quiz

Other

University

Hard

Created by

Tashi RTC]

Used 3+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the minimum number of directors required for a public company?

Two

One

Three

Four

2.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How many independent directors are required on the board of a public company?

One-fourth

One-third

One-half

Two-thirds

3.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Which of the following is NOT a condition for a director to be considered independent?

Has been an employee of the company in the last year

Has close family ties with company advisers

Is a shareholder of the company

Has served on the board for less than five years

4.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the required endorsement for an independent director?

Simple majority of the Board

Simple majority of the Annual General Meeting

Two-thirds majority of shareholders

Unanimous consent of the Board

5.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

Shadow directors shall not be treated as a director for the purpose of:

Insider Trading

Derivative proceeding

conflict of interest

Execution of documents

6.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

What is the minimum notice period required to propose the removal of a director?

Thirty days

Fifteen days

Ten days

Seven days

7.

MULTIPLE CHOICE QUESTION

5 mins • 1 pt

How often must a public company hold Board meetings?

Once a month

Once a year

Once every three months

Once every six months

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