(a) What is the legal principle established in the case of Salomon v Salomon \& Co Ltd? (4 marks) (b) State any TWO (2) advantages of an exempt private company. (10) (4 marks) (c) What is 'corporate governance' as defined by the Malaysian Code on Corporate Governance? (4 marks) (d) Briefly distinguish between an ordinary resolution and a special resolution. (4 marks) (e) What do you understand by 'money laundering'? (4 marks) (f) Briefly explain the liability of a member in a company limited by guarantee. (4 marks) (g) State any TWO (2) circumstances where a director can claim for compensation for loss of office. (4 marks) (h) Briefly explain the duties of a promoter. (4 marks) (i) What are the advantages of incorporating a company? (4 marks) (j) What do you understand by the concept of 'openness and honesty' in corporate governance