1. ) Each year the ASX releases the top 10 charitable ASX companies. It is often argued that companies have a social obligation to donate to charity. Discuss the above statement with reference to case law and statutory law (7.5 marks); and

2. (b) Directors owe statutory and general law duties to the company. Shareholders however do not owe any duties to the company. Therefore are majority shareholders allowed to vote however they wish at a general meeting without considering the effect on the company or minority shareholders? Discuss with reference to the general law and the Corporations Act 2001 (Cth) (7.5 marks)