Which of the following powers of Directors cannot be exercised without the consent of shareholders in General Meeting?
A. Power to borrow money exceeding the aggregate of the paid-up capital of the company and its free reserves
B. Power to make calls on shareholders
C. Power to make loans
D. Power to buy back its shares
Answer: Option A
This Question Belongs to Management >> Values And Ethics In Management
Related Questions on Values and Ethics in Management
Which is the element of business ethics?
A. A discipline
B. It is an art and science both
C. Good intention
D. All of the above
A. rules of selling
B. rules of advertising
C. rules of behaviour
D. All of these
A. traditional
B. historical
C. social
D. political
"Ethics deal with the right actions of individuals". Who said this?
A. J. R. Betty
B. D. C. Za ne
C. Peter F. Drucker
D. C. S. Rao
Join The Discussion