1.

In which of the following situations is itmostcertain that the director has breached the general law conflict rule?

The director has entered into a transaction with the company.

The director is also a director of another company which has entered into a transaction with the first company.

The director has used information obtained in their capacity as director for their own personal advantage.

The director has failed to inform the company that they are the sole shareholder in another company which has entered into a transaction with the first company.

2.

Which of the following isnota proper purpose in relation to a decision to issue new shares in a company?

Toprovide employees with a financial incentive.

To maintain or strengthen control of the company by the directors.

To raise capital.

To enter into a joint venture with another company.