1.1 "Chairman have no legal position". Elucidate this statement and describe the role of the Chairman of a Board. (4)

1.2 Briefly discuss the role of the Audit Committee. (4)

1.3 Identify and explain any four corporate governance items that may need to be disclosed in a business. (4)

1.4 Briefly discuss the legal provisions concerning the constitution of the remuneration committee. (4)

1.5 Identify and briefly describe the various ways in which risks can be handled. (4)