📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Lee v. Lee’s Air Farming Ltd. established

    that: 
    A A director cannot be a servant of the company Correct Answer Incorrect Answer
    B A shareholder can also be an employee Correct Answer Incorrect Answer
    C Ultra vires acts are void Correct Answer Incorrect Answer
    D CSR obligations are mandatory Correct Answer Incorrect Answer
    E Shareholders are personally liable Correct Answer Incorrect Answer

    Solution

    Court held Lee could be both controlling shareholder and employee.

    Practice Next

    Relevant for Exams:

    ask-question