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Qualifications of directors
Generally no formal or special education, experience, or skill is required to qualify to hold the office of a firm's director. But if a director possesses special expertise or knowledge, he or she is expected to employ it to the firm's advantage. In some cases the articles of association of the firm impose a shareholding qualification for the directors which must be complied with.
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- Part of Speech: noun
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- Industry/Domain: Business services
- Category: Customer management
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