Question: 1What is the difference between a de jure and a de facto company director? 2. Agency relationships impose duties and obligations on the agent. State

1What is the difference between a de jure and a de facto company director?

2. Agency relationships impose duties and obligations on the agent. State two things the agent will be entitled to if they fulfil them.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

Define Administration in the context of company law A person sees an item in a shop with a price displayed of 80. They enter the shop, and offer the shopkeeper 60, to which the shopkeeper accepts if...

Q:

UIZ 2 QUESTION 1 Chavez is a manager of X Corporation. Another company asks for a recommendation about a former employee of X, Burke, who is now applying for a job. The reference is sent to the new...

Q:

1.Which of the following is true with regard to employment law? a.The traditional test for determining whether or not a person is an employee is to assess the degree of control; an employee could be...

Q:

Chapter 13 Food Legislation INTRODUCTION 5 This chapter provides an understanding of some of the requirements that hotels, restaurants and food outlets must comply with when serving, handling,...

Q:

Chapter 38 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

1. ABC Corporation substantially complies with all conditions precedent to incorporation. ABC Corporation has a. corporate existence by estoppel. b. de facto existence. c. de jure existence. d. ultra...

Q:

Accounting Theory The questions/requirements to answer for each paper are: 1. What is the research question of the article? 2. Explain the main arguments and conclusion of the article. 3. Give 1...

Q:

Accounting Theory The questions/requirements to answer for each paper are: 1. What is the research question of the article? 2. Explain the main arguments and conclusion of the article. 3. Give 1...

Q:

Accounting Theory The questions/requirements to answer for each paper are: 1. What is the research question of the article? 2. Explain the main arguments and conclusion of the article. 3. Give 1...

Q:

Accounting Theory The questions/requirements to answer for each paper are: 1. What is the research question of the article? 2. Explain the main arguments and conclusion of the article. 3. Give 1...

Q:

Read the short essay, Made in the World, by New York Times columnist Milton Freidman and respond to the following: A. According to Freidman, what are the different ways leaders, specifically...

Q:

The company has determined that there is an 80% likelihood that its position on a tax issue will be upheld upon review by taxing authorities and that the entire amount of the position, $100,000, will...

Q:

As shown in Exhibit 8, if smokers have the right to smoke as many cigarettes as they wish and nonsmokers have the right to negotiate, how many cigarettes will Jack smoke? a. 1 b. 3 c. 5 d. More than 5

Q:

How would you describe Hypothesis Testing to a friend outside of this statistics class?

Q:

Discuss how business practices such as outsourcing and offshoring affect business communication. (Objective 1)

Q:

The company for which you work has offered you two tickets to a sold-out event (e.g., a concert, an NFL game). Two of your friends know you have the tickets; each wants to be the person you invite to...

Q:

Ethics. Picture yourself as the author of the Ask Andy column in your company newsletter. This month, you receive a letter from Edna, who writes, Im tired of all the office politics here. I think...