Flag question: Question 8 Question 8 1 pts Which of the following types of winding up can be triggered by members? A. A members' voluntary winding up. B. A creditors' voluntary winding up. C. A compulsory winding up on grounds other than insolvency. D. A compulsory winding up in insolvency. O A only. O Bonly. O A, B and C. O A, B, C and D. Flag question: Question 9 Question 9 1 pts Which of the following is not a voidable transaction under the Corporations Act 2001 (Cth) s 588FE? O An insolvent transaction entered into during six months ending on relation-back day. O An insolvent and uncommercial transaction entered into during two years ending on relation-back day. An insolvent transaction with a related entity entered into during 10 years ending on relation-back day. An unfair loan made at any time on or before winding up. Flag question: Question 10 Question 10 1 pts Under the Corporations Act 2001 (Cth) Chapter 2E, member approval is required where a public company gives a financial benefit to a related party of the public company. Which of the following is least likely to be a related party of a public company under s 228? O A shareholder in the public company. O Any entity that controls the public company. O Directors of the public company. O Spouses of directors of the public company.Question 11 1 pts In what circumstances will the amount of remuneration paid to a director by a public company require member consent? Where the remuneration exceeds $1m per annum. Where the public company has not made a profit for the past five years. Where the replaceable rule in the Corporations Act 2001 (Cth) s 202A applies to the company. Where the remuneration is reasonable in light of the circumstances. Question 12 1 pts Which of the following statements about the power of members to make structural or constitutional decisions is not true? O Changing the company's name requires a special resolution of members. O A proposal to modify the company's constitution may be initiated by the directors. O A special resolution to modify the company's constitution, which has been passed by the members, is not binding on directors if they disagree with the changes. O Changing the company's type requires a special resolution of members. Flag question: Question 13 Question 13 1 pts Which of the following statements about member voting and corporate control is not generally true? In small companies with only a few members, all or most of the members participate directly or indirectly in the management of the company. O In larger unlisted companies, while not all members will have a direct involvement in management, members may still directly monitor and influence management because, for example, they are personally related to each other in some way, or live in the same region, or work in the same industry. In large listed companies there are practical barriers to members joining together to mount an effective challenge to management. O Institutional investors in Australia are becoming increasingly passive and aloof.Flag question: Question 14 Question 14 1 pts To be appointed as a director, a person must: A. Consent to the appointment. B. Be an individual and not a company. C. Be at least 18 years old. D. Not be disqualified, or E. Never have committed a criminal offence. O B and Conly. O D and E only. O A, B, Cand D only. O A, B, D and E only. Flag question: Question 15 Question 15 1 pts When a director is disqualified by the Court for a breach of a civil penalty provision, what criteria does the Court use in deciding the length of the disqualification? O The person's prior corporate conduct. The likelihood that the person will repeat or engage in conduct of the type which constituted the contravention. The person expresses remorse. O Only 1 and 2 above. O All of the above. New Message Flag question: Question 16 Question 16 1 pts Can a director who is disqualified still continue to manage a company? O No, never. O Yes, with leave of the court. Yes, with the written permission of the Australian Securities and Investments Commission (ASIC). O 2 and 3