LOR Status d. A company comes into existence seven days after lodgement with ASIC QUESTION 7 Section 140(1) of the Corporation Act 2001 (Cth) has the effect that: O a. A cause in a company's constitution is always enforceable by a member, b. A cause in a company's constitution is only enforceable by a member in his or her capacity as a member, OC. A clause in a company's constitution is subject to the replaceable rules. d. A clause in a company's constitution will not normally bind existing members QUESTIONS Which of the following statements is incorrect? a. The replaceable rules apply to a proprietary company while the same person is both its sole director and sole shareholder. b. Replaceable rules can be displaced by a company's constitution O Since 1 july 1998, companies have a choice of a constitution, replaceable rules or combination of both, as their internal rules. d. If a company elects not to have its own constitution, the replaceable rules automatically apply to that company. QUESTIONS Select the most appropriate answer in relation to pre-registration contracts Click Save and Submit to save and submit. Click Save All Answers to save all answer Surve