. . e Y I I e O o o N A e D e T e D A T S I O s, Sarah are impressed with Leo's initial work and gradually allow him greater autonomy, allowing him to independently make important decisions regarding the marketing of East Lake Hills including negotiating the purchase of major advertisements and determining the content of key advertising documents for potential purchasers. One day while Mary is inspecting the company's accounts (which she regularly does) she notices some accounting anomalies which suggest that Chloe has been misappropriating funds from the company. Furthermore, Mary believes that she has been covering up significant losses and the company has in fact been insolvent for some time. Several weeks later the company is declared insolvent, and its major creditor appoints a receiver to liquidate the company. Both ASIC and the receiver are considering taking action against the directors and officers for various breaches. Is Mary a director or officer of Drysdale Properties Pty Ltd? (10 Marks) Is Leo a director or officer of Drysdale Properties Pty Ltd? (10 Marks) Is Chloe a director or officer of Drysdale Properties Pty Ltd? (10 Marks)