Exercise 10 Nouns and Verbs.
Addan appropriate noun or verb from the list below:
Nouns:accounts, board, responsibilities, directors, votes, shareholders,resolution,team.
Verbs: make, proposed, elected, answers,passed, ensure, undertake, send.
1.The directors of a company have the responsibility to ensure that the legal requirements are complied with.
2.The directors of the company must send a copy of the company’s annual
accounts to the Registrar of Companies.
3.The directors will make decisions by passing resolutions at the board meeting.
4.Resolutions are passed when there are a majority of votes cast in favour.
5.Executive directors are those who undertake departmental responsibilities
6.The managing director answers to the board for the performance of his management team