Which of the Following Is Not a Possible Consequence of a Director

question 28

Multiple Choice

Which of the following is not a possible consequence of a director breaching a statutory duty to the company?

• A)The company will be deregistered
• B)A penalty of up to $200 000
• C)A jail term
• D)An order disqualifying the director from being a director

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Definitions:

Mail Fraud

A criminal offense involving the use of postal or electronic mail to carry out schemes designed to fraudulently obtain money or valuables.

Fraudulent

Involving deceit or trickery intended to gain an unfair or unlawful advantage.

U.S. Mail

The federal postal service in the United States, responsible for the collection, transportation, and delivery of mail and packages.

Commercial Bribery

The act of offering, giving, receiving, or soliciting something of value to influence the actions of an official or other person in charge of a public or legal duty.