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What does the monist model in company law call for? a. the shareholders have decision-making and control powers at the same time b. the control body has a right to fire management c. there is no separate body for exercising control duties

What does the monist model in company law call for?

a. the shareholders have decision-making and control powers at the same time

b. the control body has a right to fire management

c. there is no separate body for exercising control duties


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Answer #1

a) the share holders have decision making and control powers at the same time.

In the monistic model, share holders meeeting appoints a board of directors ,which then elects the borad members and audit committee. and they have the decision making and control powers.


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