Which One of the Following Would You NOT Expect to Find

question 55

Multiple Choice

Which one of the following would you NOT expect to find in a company's constitution? Rules and procedures for:

• A) implementing internal control systems.
• B) issuing shares.
• C) calling general meetings.
• D) appointment and retirement of directors.

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Definitions:

Reforms

Changes made to improve a system, law, institution, or practice that are often enacted in response to instances of inefficiency or injustice.

Economic Model

A theoretical construct representing economic processes by a set of variables and a set of logical and/or quantitative relationships between them.

Simplified

Made easier to understand or do; reduced in complexity.

Reality

The state of things as they actually exist, as opposed to how they may appear or may be thought to be.