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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Public Company Directors Numbers
Hello Sir
How are you? I need to ask that how much minimum directors a Public company should have ? I studied from LSBF they say its 2 and in BPP book its written 1. Please guide me Sir,
Thanks
I firmly believe that it’s still 2 although I sometimes try to search it on the Internet, but with no confirmatory success
The Bpp kit and slaybus is wrong? And Lsbf teacher is right ?
Well certainly one of them is wrong (what’s a slaybus?)
BBP Slaybus
I have a question Sir
A company has created various charges in favour of various lenders. The charges are on some of the same assets of the company. These assets are, in total, not sufficient to satisfy the claims of all the chargees.
Which of the following is not correct.
A) In general fixed charges take priority over floating charges
B) in general charges of the same type rank in order of creation
C) in General charges of the same type rank in order of registeration at companies house.
Why B is not right and Why C is right in this question Sir?
Order of creation is important!
I’m sure it used to be the case that date of registration was paramount but nowadays it’s date of creation that is important
