Hi everyone.

I NEED AN ANSWER TO THIS QUESTION (SHORT ANSWER PLEASE) ASAP!

Jurisdiction of Australia

Please, only a short answer, please.

ALL THE BEST

PS: I will give you a very good review and recommendation.

THANKS SO MUCH IN ADVANCE!

QUESTION 8 10 points Save Answer Scenario 2: Shawn was the managing director of Big-Pharma Investments Pty Ltd ("Big-Pharma"). Big-Pharma is in the business of manufacturing Rapid Antigen tests. While he was still serving in that capacity, he acquires a shelf company called Better-Pharma Pty Ltd. Big-Pharma has recently heard that the federal and state governments will be looking to contract private sector companies to manufacture and supply Rapid Antigen test kits to schools and has sent out requests for quotes from the companies that manufacture these kits. Big-Pharma has always had very fair and competitive pricing on its test kits, and they decide to send in a quote and bid for the job. Shawn was involved in the process of putting together the bid for Big-Pharma, as he works closely with the research, production and marketing teams. Unknown to Big-Pharma, Shawn secretly caused his own company, Better-Pharma, to submit a bid in competition with Big-Pharma for the supply of the test kits to schools. Better-Pharma was the successful tenderer as its price was lower than Big-Pharma's. Better-Pharma was awarded the contract which it performed and was able to secure good profits. Big-Pharma soon discovered this and now seeks your advice on whether they can recover the profits made by Better-Pharma from Shawn. Question PART C Under the Corporations Act 2001 (Cth), directors must disclose their material personal interests as soon as is practicable after they becomes aware of the interest. With the aid of relevant provisions of the Act, explain the difference in this obligation for directors of proprietary companies and public companies. (10 Marks)