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DIRECTORS OF A COMPANY. — SPCC STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceSPCCDIRECTORS OF A COMPANY.1 Mark
Question
Which two elements are essential for existence an institution ?
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Answer

Directors are required to act in the most honest ways. They are the guardians of interest of the company and shareholders. They should account for all money are entrusted with.

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