CIMA Exam CIMAPRA17-BA4-1 Topic 10 Question 87 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 87
Topic #: 10

Which of the following is correct?

(i) The first directors are appointed upon the incorporation of the company.

(ii) A director is a person who occupies the position of director by whatever name called.

(iii) A shadow director is a person in accordance with whose directions or instructions the directors of the company are accustomed to act.

A(i) only

B(i) and (ii) only

C(ii) and (iii) only

D(i), (ii) and (iii)

Show Suggested Answer

Suggested Answer: B

by Jill at May 13, 2024, 05:36 PM

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Carin

29 days ago

Is there a 'none of the above' option? These corporate terms are starting to make my head spin. I'll just guess and hope for the best.

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Maryann

1 months ago

Aha! I knew my corporate law classes would come in handy. Option B is the way to go.

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Almeta

I think option B is the correct answer as well.

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Sylvie

15 days ago

I agree, option B is correct.

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Lonna

1 months ago

Wait, a shadow director? That sounds like some kind of corporate superhero! I'll go with C, just to see what that's all about.

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Ulysses

6 days ago

User 3: So, C is the correct answer then.

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Mohammad

10 days ago

User 2: Yeah, it's someone the directors follow without us knowing.

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Alona

26 days ago

User 1: I think a shadow director is like a behind-the-scenes boss.

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Twanna

2 months ago

Hmm, this seems straightforward. I think (i), (ii), and (iii) are all correct, so I'll go with option D.

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Ronald

7 days ago

User 3: Yes, option D covers all the possibilities.

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Juliana

8 days ago

User 2: I agree, option D includes all the statements.

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Ruby

1 months ago

User 1: I think (i), (ii), and (iii) are all correct, so I'll go with option D.

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Leota

2 months ago

I'm not sure, I think it might be C) (ii) and (iii) only.

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Gary

2 months ago

I agree with Beatriz, all three statements seem to be correct.

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Beatriz

2 months ago

I think the correct answer is D) (i), (ii) and (iii).

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