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

Quiz on Directors and Corporate Governance

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Other
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University
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Hard
Tashi RTC]
Used 3+ times
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20 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
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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