AICD CDC GAICD Practice Questions - AICD Company Directors Course Exam (GAICD) Exam

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Which of the following activities is a direct breach of the duty not to misuse position under Section 182 of the Corporations Act 2001 (Cth)?

Voting to approve an executive remuneration package that aligns with market benchmarks Delegating day-to-day management responsibilities to the Chief Executive Officer Formulating a long-term strategic plan that fails to meet financial forecasts Using your title as a director to secure a contract for a separate business in which you hold a significant shareholding without disclosure

Correct Answer:

Using your title as a director to secure a contract for a separate business in which you hold a significant shareholding without disclosure

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