1. Look at question 5 of Problem Set 6. Assume that the directors of JV Mine have breached their duty to prevent insolvent trading. What consequences can follow? See [712-180], [115-140] and $1317E of the Corporations Act 2. Look at question 3 of Problem Set 7. Assume for the purposes of this question that the board of GML issued 10,000,000 shares in breach of its duty to exercise the share issue power for a proper purpose. What action, if any, can ASIC take against the directors who voted in favour of the share issue? See [113-180] - [113-300], [115-140] and s1317E of the Corporations Act