CIMA Exam CIMAPRA17-BA4-1 Topic 10 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 87
Topic #: 10

Which of the following is correct?

(i) The first directors are appointed upon the incorporation of the company.

(ii) A director is a person who occupies the position of director by whatever name called.

(iii) A shadow director is a person in accordance with whose directions or instructions the directors of the company are accustomed to act.

A(i) only

B(i) and (ii) only

C(ii) and (iii) only

D(i), (ii) and (iii)

Show Suggested Answer

Suggested Answer: B

by Jill at May 13, 2024, 05:36 PM

Limited Time Offer

25%

Off

Get Premium CIMAPRA17-BA4-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Carin

12 days ago

Is there a 'none of the above' option? These corporate terms are starting to make my head spin. I'll just guess and hope for the best.

upvoted 0 times

...

Maryann

14 days ago

Aha! I knew my corporate law classes would come in handy. Option B is the way to go.

upvoted 0 times

...

Lonna

27 days ago

Wait, a shadow director? That sounds like some kind of corporate superhero! I'll go with C, just to see what that's all about.

upvoted 0 times

Alona

9 days ago

User 1: I think a shadow director is like a behind-the-scenes boss.

upvoted 0 times

...

Twanna

1 months ago

Hmm, this seems straightforward. I think (i), (ii), and (iii) are all correct, so I'll go with option D.

upvoted 0 times

Ruby

21 days ago

User 1: I think (i), (ii), and (iii) are all correct, so I'll go with option D.

upvoted 0 times

...

Leota

2 months ago

I'm not sure, I think it might be C) (ii) and (iii) only.

upvoted 0 times

...

Gary

2 months ago

I agree with Beatriz, all three statements seem to be correct.

upvoted 0 times

...

Beatriz

2 months ago

I think the correct answer is D) (i), (ii) and (iii).

upvoted 0 times

...