Question
Q1. As a general rule, who has the power to manage the business of a company and to whom is this power often delegated? (Refer
Q1. As a general rule, who has the power to manage the business of a company and to whom is this power often delegated? (Refer to the relevant sections of the corporation act 2001 where possible and also quote relevant cases where possible)
Q2 With reference to the corporation act 2001 discuss when a company's constitution can be i) created, ii) how it can be created, modified or repealed? (Refer to the relevant sections of the corporation act 2001 where possible and also quote relevant cases where possible)
Q3 List 3 main reasons why a company is a more suitable structure than a partnership, for a business that requires a large number of investors? (Refer to the relevant sections of the corporation act 2001 where possible and also quote relevant cases where possible)
Q4 Ezy Pty Ltd was incorporated on 21 january 2000 and has adopted the replaceable rules as its constitution. What happens to the company's internal governance rules if the corporation act 2001 is amended? (Refer to the relevant sections of the corporation act 2001 where possible and also quote relevant cases where possible)
Q5 Under the corporation act 2001 discuss a section that illustrates the lifting of the corporate veil?
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