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Directors Statutory Duties

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Directors Statutory Duties

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Vijay.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • November 20, 2020 at 5:33 pm #595807
    Abdullah.ramzan
    Participant
    • Topics: 4
    • Replies: 5
    • ☆

    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

    November 30, 2020 at 6:08 pm #597197
    Vijay
    Member
    • Topics: 0
    • Replies: 257
    • ☆☆☆

    Hi Abdullah,

    You are right the correct answer is 1 and 4. There must be a typo in the revision kit.

    Kind regards,

    Vijay

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