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Setting aside the different types of companies that exist, what remains common among them is that they all have directors to run the company. ... These people can be regarded as officers or directors of the company and are responsible for the day to day running of the company.
Our focus in the preceding discussion is on the directors of the company. As directors of companies occupy the upper most position of administration in management they are therefore overall regarded as the guardians of the company they represent. This places a lot of responsibilities on the directors of the company. At the same time due to the nature and the importance of the position the directors occupy, it also places some liability owed by the directors to the company.
In the preceding discussion I will focus on the nature and extent of responsibilities of directors of companies and liabilities of directors to the company.
Approximate Word count = 652
Approximate Pages = 2.6
(250 words per page double spaced)
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