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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Directors Statutory Duties
Hi
Hope you are well sir,
While going through the Kaplan revision kit there was a question,
what are the statutory duties of a director?
1-To promote the success of the company
2-To promote the relationship between the director and the employees
3-to declare trading losses to members
4-To declare interest in an existing transaction or arrangement.
The answer was 2,4 where I believe the answer should be 1,4.
Please guide me on this.
Thank you
Regards
Abdulla
Hi Abdullah,
You are right the correct answer is 1 and 4. There must be a typo in the revision kit.
Kind regards,
Vijay