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Open with Google Docs Click or tap here to enter text. Question 4 The Board of Dental Assist Pty. Ltd. has five directors: three are

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Open with Google Docs Click or tap here to enter text. Question 4 The Board of Dental Assist Pty. Ltd. has five directors: three are executive and two non- executive. Dental Assist provides an employment agency for dental nurses. The Board recently approved the purchase of a complex computer system from Singsong Computers Pty Ltd., on the recommendation of Sharif Omar, one of the non-executive directors. A minority shareholder of Dental Assist, Pam Yates, is aware that Sharif and the other non-executive director, Jing Jao, are the shareholders and directors of Singsong Computers. Pam believes that an equivalent quality computer system could have been purchased for a fifth of the cost. Pam Yates has another concern. She believes that one of the executive directors, John Stone, is approaching the dental nurses who have registered with Dental Assist to offer them training courses with 'ProTrain', a partnership he conducts with his spouse. Pam Yates considers that Dental Assist should be diversifying so that it provides this training. Required: a) Advise whether any of the directors breached sections 181-4 of the Corporations Act 2001. Consider the position of each director. (15 marks) and b) Advise Pam Yates, whether she has any rights as a shareholder to take legal action and if so, under which section or sections of the Corporations Act 2001 (5 marks) In X C Accounting Art W 25920001 Mw.wiba X Sobolom New Profile Rex Austraat X mail/u/0/search/sanjay/McgwNGxMpGQmcgHNURHowTg?projector message Partid.0.1 Click or tap here to enter text Question 4 The Board of Dental Assist Pty Lid has five directors, three are executive and two non- executive Dental Assist provides an employment agency for dental nurses. The Board recently approved the purchase of a complex computer system from Singsong Computers Pty Lid, on the recommendation of Shant Omar, one of the non-executive directors A minority shareholder of Dental Assist, Pam Yates, is aware that Shanf and the other non-executive director, Jing Jao, are the shareholders and directors of Singsong Computers. Pam believes that an equivalent quality computer system could have been purchased for a fifth of the cost Pam Yates has another concem. She believes that one of the executive directors, John Stone, is approaching the dental nurses who have registered with Dental Assist to offer them training courses with ProTrain', a partnership he conducts with his spouse. Pam Yates considers that Dental Assist should be diversifying so that it provides this training Required: a) Advise whether any of the directors breached sections 181-4 of the Corporations Act 2001. Consider the position of each director (15 marks) and D) Advise Pam Yates, whether she has any nights as a shareholder to take legal action and it so under which section or sections of the Corporations Act 2001 (5 marks) in your response you must give reasons and refer to sections of the Corporations Act 2001 (cm) and cases where relevant a) Cick or tap here to enter text Page 58 + Da Topic 10 do Show acer COME THEATER Professionally Tuned FS F6 F7 F8 F9 F10 F11 Numrk F12 Sauk Presc Syste Pau Bres 276 & * 8 9 Open with Google Docs Click or tap here to enter text. Question 4 The Board of Dental Assist Pty. Ltd. has five directors: three are executive and two non- executive. Dental Assist provides an employment agency for dental nurses. The Board recently approved the purchase of a complex computer system from Singsong Computers Pty Ltd., on the recommendation of Sharif Omar, one of the non-executive directors. A minority shareholder of Dental Assist, Pam Yates, is aware that Sharif and the other non-executive director, Jing Jao, are the shareholders and directors of Singsong Computers. Pam believes that an equivalent quality computer system could have been purchased for a fifth of the cost. Pam Yates has another concern. She believes that one of the executive directors, John Stone, is approaching the dental nurses who have registered with Dental Assist to offer them training courses with 'ProTrain', a partnership he conducts with his spouse. Pam Yates considers that Dental Assist should be diversifying so that it provides this training. Required: a) Advise whether any of the directors breached sections 181-4 of the Corporations Act 2001. Consider the position of each director. (15 marks) and b) Advise Pam Yates, whether she has any rights as a shareholder to take legal action and if so, under which section or sections of the Corporations Act 2001 (5 marks) In X C Accounting Art W 25920001 Mw.wiba X Sobolom New Profile Rex Austraat X mail/u/0/search/sanjay/McgwNGxMpGQmcgHNURHowTg?projector message Partid.0.1 Click or tap here to enter text Question 4 The Board of Dental Assist Pty Lid has five directors, three are executive and two non- executive Dental Assist provides an employment agency for dental nurses. The Board recently approved the purchase of a complex computer system from Singsong Computers Pty Lid, on the recommendation of Shant Omar, one of the non-executive directors A minority shareholder of Dental Assist, Pam Yates, is aware that Shanf and the other non-executive director, Jing Jao, are the shareholders and directors of Singsong Computers. Pam believes that an equivalent quality computer system could have been purchased for a fifth of the cost Pam Yates has another concem. She believes that one of the executive directors, John Stone, is approaching the dental nurses who have registered with Dental Assist to offer them training courses with ProTrain', a partnership he conducts with his spouse. Pam Yates considers that Dental Assist should be diversifying so that it provides this training Required: a) Advise whether any of the directors breached sections 181-4 of the Corporations Act 2001. Consider the position of each director (15 marks) and D) Advise Pam Yates, whether she has any nights as a shareholder to take legal action and it so under which section or sections of the Corporations Act 2001 (5 marks) in your response you must give reasons and refer to sections of the Corporations Act 2001 (cm) and cases where relevant a) Cick or tap here to enter text Page 58 + Da Topic 10 do Show acer COME THEATER Professionally Tuned FS F6 F7 F8 F9 F10 F11 Numrk F12 Sauk Presc Syste Pau Bres 276 & * 8 9

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