Pleaswe answer the follwing seperate scenarios, include references to case law and legislation.

a./ What is the Personal Property Securities Act 2009 (Cth) designed to cover?

b./ Witht respect to the different parties bound by the Constitution and replaceable rules, briefly outline the rights that may be enforced?

c./ When will a company be exempt from preparing a disclosure document?

d./ Compare and critique the role and effect of an administrator to a liquidator?