Identify the assignment statement The assignment statement is as follows: "Directors of corporate entities are said to be fiduciaries under the laws of Australia."* See generally Brunninghausen v Glavanics [1999] NSWCA 199 [40] (Handley JA); Grimaldi v Chameleon Mining NL (No 2) [2012] FCAFC 6 What is required? Identify the specific requirements Be methodical, identify the required questions to be answered (1) Are directors of companies registered under the Corporations Act 2001 (Cth) fiduciaries? and if so: (i) what are their fiduciary duties? and (ii) who do they owe their duties to and why? What is required? Be methodical, identify the required questions to be answered (2) With specific reference to ss 182 and 183 of the Corporations Act 2001 (Cth) and relevant case law, do these sections impose fiduciary obligations? If so why? If not why not? 'Research Assignment' Consider the following headings as a guide: Introduction Are Directors Fiduciaries? Fiduciary Duties Fiduciary Duties Owed. Ss 182 & 183 and Fiduciary Obligations. Conclusion