Tim, a member of a company desired to put forward a resolution about changing the director of the company. However, the accountant of the company mentioned to him that he cannot pass the resolution alone. Nevertheless, Tim did not take the advice of the accountant and put forward his resolution. Required 1. With reference to Companies Act of Fiji 2015, explain the laws pertaining to members’ resolutions.

M1). Go to the Discussion Board forum "Corporate Freedom of Speech and Religion" and discuss the following issues: Do you agree with the Court's decision that corporations are entitled to the same degree of freedom of speech and religion as individuals? Why or why not. What impact do you think this will have on elections, on community issues, or how you receive the news? Does the possible unlimited amount of money that corporations might be able to spend in support or opposition to a candidate or cause give you any concern? Why or why not? Do you think this will impact where employee work? Is that fair? 6. Reply to at least two of your classmates using the discussion grading criteria

The duty to retain discretion means that:Select one:a. The director should remain independent, freely exercising their powers in the company’s best interestsb. The director should disclose any material personal interest to the board of directorsc. The director should stay away from board meetings when they have a material personal interest in a matter to be discussed at the meetingd. The director should not disclose any material personal interest to the board of directors

At the 2019 international meeting of business leaders, Michael Owusu said that multi-jurisdictional attempts to regulate corporate governance were futile because of differences in national culture. He drew particular attention to the Organisation for Economic Co-operation and Development (OECD) and International Corporate Governance Network (ICGN) codes, saying that they were, 'silly attempts to harmonise practice'. He said that in some countries, for example, there were 'family reasons' for making the chairman and chief executive the same person. In other countries, he said, the separation of these roles seemed to work. Another delegate, Victor Bema, said that the roles of chief executive and chairman should always be separated because of what she called 'accountability to shareholders'.One delegate, Vincent Tommy, said that the right approach was to allow each country to set up its own corporate governance provisions. He said that it was suitable for some countries to produce and…

Which of the following is NOT true about managing nonprofit corporations? Multiple Choice They are managed under the direction of a board of directors. They must have at least three directors. The directors generally serve for one year unless stated otherwise in the articles. An individual director may transact business on behalf of the nonprofit corporation.

What is the required treatment of each of the below events in the financial statements? Justify your decisions.    a) On 25 July 20X9, Carey settled and paid a claim involving prior employees alleging sexual discrimination as a result of promotions announced at the Christmas party in 20X8. Five women who had been overlooked for management promotions undertook legal action in March 20X9.   b) On 1 August 20X9, Carey Ltd made an announcement to the Singapore Stock Exchange of its intention to take over a private engineering partnership. This would increase sales revenue of Carey Ltd by 15%. It was to be funded by a 1:10 rights issue.   c) On 12 August 20X9, a fire damaged the head office of Carey. The buildings, fixtures and fittings were only partly insured.   d) At its 5 September 20X9 meeting, Carey’s board of directors voted to double the advertising budget for the coming year and authorised a change in advertising agencies.

Which of the following statements regarding a trading certificate is incorrect?    A. It is a criminal offence to carry on business without obtaining a trading certificate    B. It is a ground for winding up if the trading certificate has not been obtained within one year    C. It is applicable for private limited and public limited companies    D. A plc cannot commence trading until the registrar has issued a trading certificate