MCQOPTIONS
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| 1. |
Under the companies Act, which one of the following powers can beexercised by the Board of Directors? |
| A. | power to sell the company’s undertakings. |
| B. | power to make call. |
| C. | power to borrow money in excess of the paid up capital. |
| D. | power to reappoint an auditor. |
| Answer» C. power to borrow money in excess of the paid up capital. | |