Explain the division of power between the Board of directors and
General Meeting of Shareholders.
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Accounting
Explain the division of power between the Board of directors andGeneral Meeting of Shareholders.
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Answer The fiction theory also named natural entity theory or organic theory describes that the legal person has no actual reality no mind no willing the legal person exists only in law The division of power between the board of directors and the general meeting of members has been relatively settled in AngloAustralian law since the decision
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