1.Internal Management of a company does NOT concern one of the following:

a.The rights and obligations of members

b.The rights and duties of directors

c.Placing limitations on the powers of directors and shareholders

d.The division of powers between members and directors

e.Corporate capacity and the right of the company to own assets

1.Select the most accurate statement:

a.Companies are separate legal persons in the eyes of the law

b.Directors make all the administrative/management decisions for the company

c.Shareholders make all the business decisions for the company

d.Breach of the company constitution is a criminal offence