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State whether the following statement is true or false: Directors act as trustees of the company. - Secretarial Practice

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Question

State whether the following statement is true or false:

Directors act as trustees of the company.

Options

  • True

  • False

MCQ
True or False
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Solution

True

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Precautions to Be Taken by the Secretary While Corresponding with Directors
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Chapter 10: Correspondence with Directors - Exercise Q.1 [Page 156]

APPEARS IN

Balbharati Secretarial Practice [English] 11 Standard Maharashtra State Board
Chapter 10 Correspondence with Directors
Exercise Q.1 | Q 4.2 | Page 156

RELATED QUESTIONS

Select the correct answer from the option given below and rewrite the statement:

The notice of the meeting of the Board of Directors must be accompanied by __________.


Select the correct answer from the option given below and rewrite the statement:

___________ looks after the management of a company.


Select the correct answer from the option given below and rewrite the statement:

The Directors take decisions at ______ meeting.


Write a word or a term or a phrase which can substitute the following statement.
An elected body of representatives of Shareholders.


Write a word or a term or a phrase which can substitute the following statement.
An employee of a company who provides guidance and advice to the Board of Director about business matters.


Write a word or a term or a phrase which can substitute the following statement.
A written invitation was given to the Director to attend the meeting.


State whether the following statement is true or false:

A director can be removed before the expiry of his term.


State whether the following statement is true or false:

A director can remain absent for any number of Board Meetings.


State whether the following statement is true or false:

Directors act as agents and trustees of the company.


State whether the following statement is true or false:

Company Secretary need not attend the board meetings.


Justify the following statement:

The Board of Directors are the elected representatives of the shareholders.


Answer in brief:

What are the points to be considered by a secretary while corresponding with the directors?


Explain the following term/concept:

Initiative


Explain the following term/concept:

Politeness


Explain the following term/concept:

Conciseness


Explain the following term/concept:

Board of Directors.


Explain the following term/concept:

Director


Correct the underline words and rewrite the following statement:

Secretary is responsible for decision making and framing policies of a company.


Correct the underline word and rewrite the following statement:

Secretary is a elected representative of the shareholders.


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