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hi can you please help me with the question number 3 and 4 thankyou . please dont just write the answer make me understand what

hi can you please help me with the question number 3 and 4 thankyou . please dont just write the answer make me understand what this question wants me to write and then a directions and the summary of the answer. pointing out would help me write . also suggest me some refrences thankyou .thanksalot in advance image text in transcribed
As stated by Middleton J in ASIC v Healey [2011] FCA 717 at [14): A director is an essential component of corporate governance. Each director is placed at the apex of the structure of direction and management of a company... The role of director is significant as their actions may have a profound effect on the community, axd not just shareholders, employees and creditors. With reference to the above, case law and statute as necessary, analyse: 1. the equitable fiduciary duties and the statutory equivalents, contained in the Corporations Act 2001 (Cth), that directors are subject to; 2. the impact of s 185 of the Corporations Act 2001 (Cth); 3. to whom these duties are owed in corporations' law and why?; and 4. the role these fiduciary and statutory obligations play in regulating corporate governance

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