Final Exam Revision Spring 2021 Answer the following revision questions A. Directors Duties 1. What are the sources of directors' duties? 2. What are directors' general law duties and statutory duties under corporate law? 3. Explain the concept of fiduciary duty and to whom are such duties owed in corporate law? 4. What remedies ae available for breach of fiduciary duty? 5. If a corporate business opportunity is offered to a director personally, will there be a breach of fiduciary duty? 6. What is the test for establishing that there is a conflict of interest? 7. What remedies are available for breach of the no conflict rule? 8. What remedies ae available for breach of directors' duty under corporate law? B. Membership Rights and Meetings 1. What is the distinction between management and membership of a company? How are their roles and powers different? C. Members Remedies 1. What remedies may a member seek in respect of a breach of the company's constitution? 2. Explain the principle of fraud on the minority. How is it different from minority oppression