Question

What are the duties of a director and to whom are those duties owed? (2 marks)...

What are the duties of a director and to whom are those duties owed? Please use full sentences, proper grammar, punctuation, and spelling. Your answer to this question must not be longer than 25 words. Your answer must be in your own words. Direct quotes from any source (whether or not you cite your source) will be considered a violation of SAIT's Academic Honesty policy.

Business   Operations-Management   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

The duties of the director are owed to his company and its shareholders.

As per the guidelines of the Companies Act 2006, the duties of a director are outlined as follows:

  • To exercise reasonable skill, care, and diligence.
  • To promote the success of the company.
  • To act within his or her powers.
  • To exercise independent judgement.
  • Not to obtain favours from third parties.
  • To avoid any conflict of interest.
  • To reveal any interest in a proposed transaction or arrangement.
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
An ISSP (issue-specific security policy) is "an organizational policy that provides detailed, targeted guidance to instruct...
An ISSP (issue-specific security policy) is "an organizational policy that provides detailed, targeted guidance to instruct all members of the organization in the use of a resource, such as one of its processes or technologies." Assignment is: Develop an ISSP policy that addresses the following: Use of Internet. All writing must include proper grammar, spelling, punctuation and citations. Please use proper grammar, spelling and punctuation. Cite references. write in your own words.
In your own words explain what a theoretical plate is (2 marks). What is the relationship...
In your own words explain what a theoretical plate is . What is the relationship between the number of theoretical plates and resolution? How is theoretical plate height related to resolution? Now quantitatively, answer the following question: How many theoretical plates, N, must a packed column have to achieve a resolution of 1.5 between 2 peaks that elute at 5.42 minutes and 5.63 minutes. At a resolution of 1.5 are these peaks considered resolved?
Part I Define the following ethical perspectives in your own words. A minimum of three sources...
Part I Define the following ethical perspectives in your own words. A minimum of three sources must be utilized and cited properly with in-text citations and a reference list. Avoid using direct quotes. If you summarize or paraphrase information in your own words, you must cite sources to provide credit for the ideas and concepts. A = Rule utilitarianism B = Kantian ethics C = Virtue ethics D = Care ethics E = Social contract ethics F = Subjective relativism...
I'm working in a 6 page research paper and below is the complete list of the...
I'm working in a 6 page research paper and below is the complete list of the paper has to be set up and the required things needed to be included. Can you check to see what is already included on the list and what is missing in my paper. Also, what I need to improve and how? My topic is "The Struggles of Epilepsy". Can you help me with the content (background, empirical research, and hypothesis )? I also need...
The purposes of this article, capital assets are defined as tangible or intangible assets that are...
The purposes of this article, capital assets are defined as tangible or intangible assets that are used in operations and that have useful lives of more than one year, such as land and improvements to land, buildings and building improvements; vehicles; machinery; equipment; and sewer, water and highway infrastructures. Risk Assessment: A municipality’s capital assets are subject to a number of risks. Local officials must be cognizant of these risks as they seek to effectively manage their municipality’s capital assets....
Facts from Client Interview Tumutch and Lotta Bolloni have been married for four years. They both...
Facts from Client Interview Tumutch and Lotta Bolloni have been married for four years. They both work very hard at their jobs – Lotta being an accountant and Tumutch working as a construction manager. They decide to splurge and look into booking an all-inclusive vacation to the enchanting Fantasy Island, in Fiji for February 2020. The Bollonis do some research into different travel packages and get quotes from various agencies. They narrow their choices down to three possibilities: Travelcations &...
Write a Python 3 program called “parse.py” using the template for a Python program that we...
Write a Python 3 program called “parse.py” using the template for a Python program that we covered in this module. Note: Use this mod7.txt input file. Name your output file “output.txt”. Build your program using a main function and at least one other function. Give your input and output file names as command line arguments. Your program will read the input file, and will output the following information to the output file as well as printing it to the screen:...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to...
2. SECURING THE WORKFORCE Diversity management in X-tech, a Japanese organisation This case is intended to be used as a basis for class discussion rather than as an illustration of the effective or ineffective handling of an administrative situation. The name of the company is disguised. INTRODUCTION In light of demographic concerns, in 2012, the Japanese government initiated an effort to change the work environment in order to secure the workforce of the future. Japan is world renowned for its...
Please read the article and answear about questions. Determining the Value of the Business After you...
Please read the article and answear about questions. Determining the Value of the Business After you have completed a thorough and exacting investigation, you need to analyze all the infor- mation you have gathered. This is the time to consult with your business, financial, and legal advis- ers to arrive at an estimate of the value of the business. Outside advisers are impartial and are more likely to see the bad things about the business than are you. You should...
Muffler Magic* Muffler Magic is a fast-growing chain of 25 automobile service centers in Nevada. Originally...
Muffler Magic* Muffler Magic is a fast-growing chain of 25 automobile service centers in Nevada. Originally started 20 years ago as a muffler repair shop by Ronald Brown, the chain expanded rapidly to new locations, and as it did so Muffler Magic also expanded the services it provided, from muffler replacement to oil changes, brake jobs, and engine repair. Today, one can bring an automobile to a Muffler Magic shop for basically any type of service, from tires to mufflers...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT