Part F Management, administration and regulation of companies 18: Company directors 291
Quick Quiz
1 A person who is held out by a company as a director and performs the duties of a director without actually
being validly appointed is a
A Shadow director
B De facto director
C Non-executive director
D Executive director
2 Fill in the blanks in the statements below.
Under model articles directors are authorised to m.................... the b.................... of the company,
and e.................... the p....................of the company.
3 Under which of the following grounds may a director be disqualified if they are guilty, and under which
must a director be disqualified?
A Conviction of an indictable offence in connection with a company
B Persistent default with the provisions of company legislation
C Wrongful trading
D Director of an insolvent company whose conduct makes them unfit to be concerned in the
management of the company
4 What are the two principal ways by which members can control the activities of directors?
5 A public company must have two directors, a private company only needs one.
True
False^