1. Explain the liability of partners in the context of contracts and tort.

2. Briefly explain whether or not each of the following is recognised as a separate legal person:

(i) a joint venture;

(ii) a company;

(iii) a trust;

(iv) a person in business as a sole trader.

3. What are the main differences between a proprietary company and a public company?

4. Explain the significance of the decision in Salomon v Salomon & Co Ltd [1897] AC 22 for modern company law.

5. Explain the impact of s 588G of the Corporations Act (Cth) on the legal principles established in Salomon's case.

6. What is the effect of s 140(1) of the Corporations Act 2001 (Cth) on directors and shareholders of a company?

7. Explain how a company's internal governance rules can be changed. What are the limits to alteration of internal rules?

8. Describe the two ways in which a company may enter into a written contract citing relevant sections under the Corporations Act 2001 (Cth).

9. When would the company be bound by a pre-registration contract under the Corporations Act 2001 (Cth)?

10. How can promoters who have purported to enter into contracts on behalf of companies prior to registration exclude themselves from liability?