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
Ask the Tutor ACCA LW
Directors Statutory Duties
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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