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dec 2014 f4

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › dec 2014 f4

  • This topic has 1 reply, 2 voices, and was last updated 10 years ago by MikeLittle.
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  • December 15, 2014 at 6:17 pm #220666
    maria
    Member
    • Topics: 5
    • Replies: 1
    • ☆

    Is answer C correct please?

    Thanks alot

    When directors of a public company are faced with a serious loss of capital, what should they do?
    A Inject additional capital into the company
    B Meet the company’s bankers about obtaining financial assistance
    C Convene a general meeting to bring the matter to the attention of the shareholders
    D Inform the company’s creditors of the company’s poor financial situation

    December 19, 2014 at 6:16 am #221115
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    Yes, the answer is C

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