First Principles of Business Law
Business organisations in Australia

7. Companies

Question 9. What rules govern the internal management of multi-director/shareholder companies?

 

 

 

Read the statements below and select the best one.

(a) The Corporations Act 2001 lays down rules of internal governance that must be complied with by a multi-director/shareholder company to ensure the company is properly run. These rules cannot be avoided.

(b) The Corporations Act 2001 lays down rules of internal governance that must be complied with by a multi-director/shareholder company to ensure the company is properly run. But these rules only apply to the extent that the company does not replace them with its own rules of internal governance.

 

 

 

 

 

 

 

 

 

  
Question 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16

17

 18
Go to the list of questions in this section Go to the list of topics in this module Choose another module