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LW ENG Revision Mock

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › LW ENG Revision Mock

  • This topic has 5 replies, 2 voices, and was last updated 2 months ago by MikeLittle.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • November 15, 2022 at 8:12 pm #671534
    chloemccabe
    Participant
    • Topics: 1
    • Replies: 2
    • ☆

    Hi,

    Why is this the answer please?

    Which type of company meeting requires 21 days’ notice to be given unless the members consent to a shorter period?

    1. none of options require 21 days
    2. an ‘other’ general meeting where special resolution is
    3. a class meeting
    4. annual general meeting of a private company.

    4 is the answer. I would understand if it said AGM for a public company but private company’s aren’t required to have an AGM?

    Thanks,
    Chloe

    November 15, 2022 at 9:07 pm #671536
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22698
    • ☆☆☆☆☆

    But, if a private company CHOOSES to have an AGM, then that meeting would require 21 days’ notice … unless the members agreed to a shorter notice period

    OK?

    November 19, 2022 at 1:23 pm #671860
    chloemccabe
    Participant
    • Topics: 1
    • Replies: 2
    • ☆

    Yeah okay, I understand. So, I have another question where I think the same thing follows and it’s the wording of the question.

    The duties of a company secretary for a private company are prescribed by whom?

    1. not applicable as private companies don’t require one (this is what I had selected)
    2. Company law
    3. The company’s constitution
    4. The board of directors (this is the answer)

    It’s because a private company can CHOOSE to have a secretary so then would be the board of directors?

    November 19, 2022 at 7:05 pm #671886
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22698
    • ☆☆☆☆☆

    You’ve cracked it! Well done

    November 20, 2022 at 2:46 pm #671934
    chloemccabe
    Participant
    • Topics: 1
    • Replies: 2
    • ☆

    Thank you!

    November 20, 2022 at 3:50 pm #671943
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22698
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
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