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NEW QUESTION: 1

A. Cisco Nexus 2232TM
B. Cisco Nexus 2248TP-E
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NEW QUESTION: 2
A, B C and D are sole directors and shareholders of EFG Company each holding 25% of the shares in the company. The articles of association of EFG Company state that "the directors cannot enter into any contract on behalf of the company exceeding $30,000 without the agreement of all the shareholders''.
B contracted on behalf of the company for $40,000 with Y Company without the agreement of the other shareholders. Which of the following is correct?
1. Y Company may enforce the contract against EFG Company
2. A, C and D may obtain an injunction to stop the contract being canted out
3. B may be liable to EFG Company for breach of duty.
A. 1 only
B. 1 and 3 only
C. 1,2 and 3
D. 1 and 2 only
Answer: B

NEW QUESTION: 3

A. Option D
B. Option B
C. Option C
D. Option A
Answer: A,D


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