Arjun, Delmar and Ferne are the directors of Aloha Pty Ltd. Arjun is the managing director, and

Ferne was formerly a banker with an international investment banking firm. Aloha borrowed $10 million from Saskia, a friend of the directors who has extensive financial knowledge, and in return gave her a debenture which was secured on certain assets owned by the company. Aloha's largest shareholder is Nick, who owns 35 per cent of the shares.

Aloha has recently been experiencing financial difficulty. Its bank account is constantly in overdraft, its bank has refused to extend further funds, creditors are calling for payment and many of its suppliers are insisting on cash on delivery. The company is in need of additional funding.

At a board meeting, Arjun and Ferne ask if Delmar would be willing to try to find an investor willing to invest in Aloha. Delmar accepts even though she is a little hesitant to take on this task she knows nothing about finance and has been tired and distant lately due to the painkillers she is taking for injuries sustained in a car accident while she was on vacation in Bali. Apart from the injuries, the accident has shaken Delmar because she was charged and convicted of an offence of reckless driving, which can carry up to a 10-year jail sentence in Indonesia. Luckily, she was fined only $500.