BA4 Exam Dumps : Fundamentals of Ethics, Corporate Governance and Business Law

(i) only

(ii) only

(i) and (ii) only

(ii) and (iii) only

Goods which have been invoiced have not been sent to customers

Goods which were sent to customers have not been recorded in the individual customer's ledger account

Goods which have been invoiced have not been recorded in the sales ledger.

Goods sent to customers have not been invoiced

If a company has restricted the ability of its directors to contact and the directors ignore the restrictions, then the outsiders may not enforce the contract.

The shareholders of a company have the ability to enter into a contract on behalf of the company, irrespective of any restrictions on the directors.

If a company wishes to restrict the ability of its directors to enter into particular contracts it may do so by placing restrictions on the directors in its

articles of association

If the shareholders learn that the directors are about to ignore the restrictions placed upon their ability to contract by the company the shareholders are unable to prevent the directors from proceeding