Question
FoxusPty Ltd was incorporated in 2008 and is in the business of publishing children's literature. Robin and Jessica are the only directors and shareholders ofFoxus.
FoxusPty Ltd was incorporated in 2008 and is in the business of publishing children's literature. Robin and Jessica are the only directors and shareholders ofFoxus. Clause 3 of the constitution of the company provides that Clark is to be employed as the company's operations manager. Recently, the company decided to terminate Clark's employment.Which of the following isTRUE?
a.Clark can enforce clause 3 of the constitution by relying on the statutory contract that exists between the company and a member
b.Clark can enforce clause 3 of the constitution by relying on the statutory contract that exists between the company and a director
c.Clark can amend the constitution to reverse the company's decision to terminate his employment
d.Clark cannot enforce clause 3 because the constitution is not a statutory contract between Clark and the company
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