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answer all these with 400 words each answer Group 1 Directors' Duties Question 1A Fred is a director on the board of XYZ Pty Ltd.

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Group 1 Directors' Duties Question 1A Fred is a director on the board of XYZ Pty Ltd. Bibek has approached Fred to tell him that he (Bibek) wants to invest in XYZ Pty Ltd and that he will give Fred a 5% commission if the investment is approved by XYZ Pty Ltd. Fred and Bibek decide not to tell the other directors of XYZ Pty Ltd about the proposed commission. If Fred accepts Bibek's offer will he have transgressed any corporate governance guidelines? Explain Question 1B Is a company's Constitution the sole source of the law relating to directors' duties in Australia? Explain. In your answer, please refer to relevant legislation. Question 2A Describe the various people or groups who may call a general meeting of a company? In your answer, please refer to relevant legislation. Question 2B Explain the liability (if any) of the members of a Pty Ltd company for the debts of the company. Question 2D Do (a) proprietary companies and (b) public companies have a minimum and maximum number of members? Explain. In your answer, please refer to relevant legislation. Group 1 Directors' Duties Question 1A Fred is a director on the board of XYZ Pty Ltd. Bibek has approached Fred to tell him that he (Bibek) wants to invest in XYZ Pty Ltd and that he will give Fred a 5% commission if the investment is approved by XYZ Pty Ltd. Fred and Bibek decide not to tell the other directors of XYZ Pty Ltd about the proposed commission. If Fred accepts Bibek's offer will he have transgressed any corporate governance guidelines? Explain Question 1B Is a company's Constitution the sole source of the law relating to directors' duties in Australia? Explain. In your answer, please refer to relevant legislation. Question 2A Describe the various people or groups who may call a general meeting of a company? In your answer, please refer to relevant legislation. Question 2B Explain the liability (if any) of the members of a Pty Ltd company for the debts of the company. Question 2D Do (a) proprietary companies and (b) public companies have a minimum and maximum number of members? Explain. In your answer, please refer to relevant legislation

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