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Internal rules apply of a company have the effect of a statutory contract under s140 to which parties in a company? a. Statutory contracts do

Internal rules apply of a company have the effect of a statutory contract under s140 to which parties in a company?

a. Statutory contracts do not exist and so it does not apply to anyone in the company.

b. Only the shareholders of a company.

c. To the entire company.

d. Member, Directors and Secretary's.

Issue of shares to the public must ______________ .

a. Be undertaken by way of private offer to only family and friends.

b. Be undertaken by way of a prospectus or other disclosure document.

c. Be undertaken by way of media release.

d. Be undertaken by way of media release.

None of the above.

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