Haha, option D is a classic case of 'too little, too late'. If the shareholders can't stop the directors, what's the point of having those restrictions in the first place?
A) If a company has restricted the ability of its directors to contact and the directors ignore the restrictions, then the outsiders may not enforce the contract.
Option B seems a bit off to me. Shareholders don't have the ability to directly enter into contracts on behalf of the company, that's the directors' job.
I think option C is the correct answer. Companies can definitely restrict their directors' ability to enter into certain contracts by placing those restrictions in their articles of association.
Xuan
16 days agoGiuseppe
18 days agoEladia
10 days agoLashon
24 days agoDelfina
29 days agoDelmy
30 days agoEttie
1 months agoReuben
1 months ago