Question 340 of 415
Who comprised the board of directors?
- External investors
- All members of the same family: Chief Mrs. Solape Bayo (MD's mother), Martins Bayo, and Oye Bayo
- Teachers and parents
- Government officials
Correct Answer:
B
Explanation
The board comprised all members of the same family: the chairman, Chief Mrs. Solape Bayo (the MD's mother), Martins Bayo (non-executive director), and Oye Bayo (board secretary).