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If a director breaches a statutory duty and ASIC chooses to initiate court action, which of the following is NOT one of the possible consequences?
If a director breaches a statutory duty and ASIC chooses to initiate court action, which of the following is NOT one of the possible consequences?
A.The director may be sent to prison.
B.A court may order that the defendant has to pay compensation to the other directors.
C.The director may be ordered to pay a criminal fine or a civil penalty.
D.The director may be disqualified from managing companies for a specified period of time.
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