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Are Mr and Mrs Honey permitted to issue shares to bolster their respective positions within the company? Explain whether Mr and Mrs Honey would be

Are Mr and Mrs Honey permitted to issue shares to bolster their respective positions within the company? Explain whether Mr and Mrs Honey would be in breach of the director duties with reference to the relevant law. Make sure you answer using IRAC structure and refer to any relevant sections from the Corporations Act 2001(Cth) and case law(15 marks)

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