This question requires a consideration of the statutory duties placed on company directors under the Companies Act 2006.

8–10 marks 
Thorough to complete answers, showing a detailed understanding of the rules relating to conflict of interest.

5–7 marks 
A clear understanding of the topic but perhaps lacking in detail or application.

2–4 marks 
Some knowledge, although perhaps not clearly expressed, or very limited in its application.

0–1 mark 
Little or no knowledge of the topic.