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

i)If a company has retained the replaceable rules, its directors will have authority as to the issue of dividends.

ii) It is possible to bring a derivative action under both general law and Section 236 of the Corporations Act 2001. (Cth.).

iii)Among the officers of a company, only the directors of a company owe the duty to prevent insolvent trading as per the provisions of the Corporations Act 2001 (Cth).

iv)In theASIC v Adler(2002) 41 ACSR 72 case, Mr Rodney Adler was not the director of HIHC, the HIH subsidiary that advanced the $10 million to Pacific Eagle Equity Pty Ltd (PEE).

v) A company will be directly liable for all crimes committed by its employees.

vi)Once a company is deregistered under the Corporations Act 2001 (Cth.), it can never be reinstated.

vii)Preference shares can be traded on the ASX.

viii)Proxies cannot be 'directed' to give specific instructions on how to vote on the resolution.

ix)Both proprietary and public companies can appoint a governing director.

x)According to the Corporations Act 2001 (Cth), it is unlawful to reduce share capital.