First Principles of Business Law

Business organisations in Australia

7. Companies

Question 6. Who carries out the day-to-day operation of a company?

 

 

 

Read the statements below and select the best one.

(a) The day-to-day operation of a company is carried out by one or more 'directors' who are appointed by the members (otherwise known as shareholders) of the company.

(b) The day-to-day operation of a company is carried out by the shareholders of a company (otherwise called its members). They are the ones who own the company, and this gives them the power to run it.

 

 

 

 

 

 

 

 

 
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