1.Explain whether the following statement is trueor false. "Governance is exercised only by the governmentof a country." 2.Explain how governance can be used in thefollowing contexts and give appropriate examples: a.national governance b.local governance c.corporate governance d. international governance 3.Differentiatetransparency from accountability. 4."Small business enterprises do not need goodgovernance." Do you agree? Explain. 5.Whyis there a need for a corporation to maintain a comprehensive andcost-efficient communication channels to shareholders and other investors?