CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 62 Topic 7 Discussion

CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 62 Topic 7 Discussion

BA4 Exam Topic 7 Question 62 Discussion:
Question #: 62
Topic #: 7

Which of the following statements is incorrect in relation to a public company limited by shares?


A.

The company must have at least one director.


B.

The company must have at least one shareholder.


C.

The company must have issued at least £50,000 of shares.


D.

The company must ensure that its company secretary is properly qualified whereas a private company need not have a company secretary.


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