CAF-4 · Chapter 18 · Question 7 of 9
What is the requirement for a person to be appointed as the Chief Executive Officer of a company regarding their membership?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) A person who is not a member of the company can be appointed as the Chief Executive.
Explanation
The Chief Executive does not need to be an existing member/shareholder. If a non-member is appointed as CEO, they are deemed to be a director of the company for all intents and purposes.
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