The Key Requirements of the Cadbury Code of Best Practice

question 6

Multiple Choice

The key requirements of the Cadbury Code of Best Practice state that

• A)boards of directors should include at least three outside directors.
• B)the positions of CEO and chairman of the board should not reside in the same individual.
• C)compliance is mandatory for public corporations,optional for listed non-public corporations.
• D)boards of directors should include at least three outside directors and the positions of CEO and chairman of the board should not reside in the same individual.

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Definitions:

Redress

The remedy or compensation for a wrong or grievance.

Cyberlaw

An informal term used to refer to all laws governing electronic communications and transactions, particularly those conducted via the Internet.

Online Environment

A digital setting or platform where activities such as browsing, gaming, working, and socializing occur over the internet.

Award of Damages

A monetary compensation granted to a party in a lawsuit for losses or injuries suffered because of another's party's actions or negligence.