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Mr. Shift, Ms. Avid and Mr. Margin seek your advice on establishing a new company. You advise them not to bother with their own constitution,

Mr. Shift, Ms. Avid and Mr. Margin seek your advice on establishing a new company. You advise them not to bother with their own constitution, but instead to rely on the replaceable rules in the Corporations Act. Advise who should be appointed as directors of their company in view of the following information:

  1. (b)Ms. Avid is currently unavailable for meetings as she has five months still to serve for her last conviction for falsifying company accounts;
  2. (c)Mr. Margin is 80 years old.

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