CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 136 Topic 14 Discussion

CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 136 Topic 14 Discussion

BA4 Exam Topic 14 Question 136 Discussion:
Question #: 136
Topic #: 14

X owns 51% of the shares in X Ltd. Y and Z are the only directors of X Ltd. Which ONE of the following is CORRECT?


A.

X can give directions to Y and Z by passing ordinary resolutions ordering them to comply with his wishes


B.

X can dismiss Y and Z for any reason by using his majority vote


C.

X can use his votes to amend the articles and impose new obligations on Y and Z


D.

X can force Y and Z to declare a dividend


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