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

Subject to the company's Articles of Association, shareholder approval is not required to enable the company to borrow money.

Subject to the company's Articles of Association, shareholder approval is not required to authorise the issue of shares direct to one person for a non-cash consideration.

A company's Articles cannot provide that the Articles are unalterable.

The Articles of Association may be altered by special resolution.

(i) and (ii) only

(i) and (iii) only

(ii) and (iii) only

(i), (ii) and (iii)

A rules-based approach requires that a company complies with the rules or explains why it has not.

A rules-based approach instils the code into law but leaves the sanctions for non-compliance to be decided and enforced by the shareholders.

A rules-based approach instils the code into law but encourages compliance with the spirit of the law.

A rules-based approach instils the code into law with appropriate penalties for transgression.