1. Differentiate between shareholdings and ownership in the context of a company registered under the Companies Act 2016. Illustrate with examples.

2. One of the fundamental rules in the Companies Act 2016 is the division of authority between the board and the general meeting.

   Discuss the rationale for having a separation of role and power in a company.

3. Using an appropriate diagram, illustrate the relationships between key parties who contribute to a good corporate governance structure in a company. Key parties must include the board of directors (Board), company secretary, management, internal and external auditors, shareholders, and stakeholders.

   Based on your diagram, explain the accountability of each party in the company setting.