Chapter 7 (2) Flashcards

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1
Q

A company cannot provide a loan to its director. But what are the EXCEPTIONS?

A

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2
Q

Can a company give loans to other people that are CONNECTED TO ITS DIRECTORS?

A

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3
Q

Can a company give loans to other people that are CONNECTED TO ITS DIRECTORS? (exceptions)

A

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4
Q

Can company pay the director for the COMPENSATION FOR LOSS OFFICE?

A

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5
Q

Can company pay the director for the COMPENSATION FOR LOSS OFFICE? (exceptions)

A

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