Choose either True (T) or False (F) for each of the following questions - put your answers in the answer space below:

1.Administrators can be appointed by the board of directors.

2.All companies must hold an Annual General Meeting.

3.A prosecution for insider trading depends on ASIC proving that the insider was an officer of the company whose shares were traded.

4.A company will be deemed to be in liquidation if it does not comply with a statutory demand

5.A proprietary company does not need a registered office.

6.The directors and members of XY Pty Ltd can only place the company into liquidation if it is insolvent.

7.InR v Rivkin[2003] NSWSC 447 the court found Mr Rivkin had used information that was available to the public to trade in shares and that the information was therefore not inside information.

8.An administrator will not be liable for any debts arising during a voluntary administration.

9.An extraordinary general meeting of the members of a company can only be called by the members themselves.

10.The relation-back period for an uncommercial transaction is 6 months from the date of the filing (presentation) of the application to wind up.