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(c) Define ‘retirement by rotation’ and explain its importance in the context of Rosh and

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(c) Define ‘retirement by rotation’ and explain its importance in the context of Rosh and Company.

(5 marks)

参考答案:

(c) Retirement by rotation.DefinitionRetirement by rotation is an arrangement in a director’s contract that specifies his or her contract to be limited to a specificperiod (typically three years) after which he or she must retire from the board or offer h

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