[amp_mcq option1=”Managing agent” option2=”Administrative officer” option3=”Formal servant of the Board of Directors” option4=”Manager” correct=”option3″]
The correct answer is C. Formal servant of the Board of Directors.
A company secretary is a senior officer of a company who is responsible for ensuring that the company complies with all relevant laws and regulations. They also provide advice to the board of directors on a range of matters, including corporate governance, risk management, and compliance.
The position of company secretary is akin to that of a formal servant of the board of directors. This means that the company secretary is responsible to the board of directors and must act in their best interests. The company secretary is also responsible for ensuring that the board of directors complies with its legal obligations.
The other options are incorrect. A managing agent is a person who is appointed by a company to manage its affairs. An administrative officer is a person who is responsible for the day-to-day running of a company. A manager is a person who is responsible for the performance of a team or department within a company.