Question

Who is eligible to become a Member of the Producer Company?

A Any individual irrespective of his business interests Correct Answer Incorrect Answer
B Only those individuals who have no business interests in conflict with business of the Producer Company Correct Answer Incorrect Answer
C Individuals with conflicting business interests who take approval from the Board Correct Answer Incorrect Answer
D Individuals who are willing to sell their conflicting business interests to the company Correct Answer Incorrect Answer

Solution

Section 378D - Membership and voting rights of Members of Producer Company: (4) No person, who has any business interest which is in conflict with business of the Producer Company, shall become a Member of that Company.

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