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Which of the Following Persons Cannot Be a Non-Executive Director

question 40

Multiple Choice

Which of the following persons cannot be a non-executive director of a company?


Definitions:

Auction

A public sale in which goods or property are sold to the highest bidder.

Under Seal

Indicates a document that has been formally executed with a wax or paper seal, signifying its authenticity and importance.

Contract

A legally binding agreement between two or more parties that outlines obligations and rights of those parties.

Recognizance

An obligation in which a party acknowledges in court that he or she will perform some specified act and/or pay a price on failure to do so.

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