ackground Yvonne Black is the sole director of Black Designs Ltd (BDL). Yvonne approaches you for advice after she hears about the decision Central Tyres Waipukurau Ltd v Pallesen. "I run my company in pretty much the same way. I've always thought that as long as there's money in the bank account, that's all that matters for a business." Required Explain to Yvonne 5 actions she can take to reduce her risk of personal liability as a director of BDL in terms of Companies Act 1993 ss 194 and 300