QUESTION 28 Is a decision by a director to exercise a power for both a proper purpose and an improper purpose a breach of duty? a. Yes, always b. Yes, but only it, but for the improper purpose, the director would not have exercised the power. OcYes, but only if, but for the proper purpose, the director would not have exercised the power. Od.No. QUESTION 29 Which of the following is not one of the requirements that must be satisfied before a director can rely on the Corporations Act 2001 (Cth) s 187 to avoid liability for breach of the duty to act in the best interests of the company? a. The company is a wholly owned subsidiary. b. The constitution of the company expressly authorises the director to act in the best interests of the parent company c. The director acts in good faith in the best interests of the parent company d. The company is insolvent at the time the director acts or becomes insolvent because of the director's act. QUESTION 30 The statutory business judgment rule allows the directors the benefit of a presumption that they are not in breach of which of their duties! a. The duty to act in good faith in the best interests of the company. Click Save and submit to save and submit. Click Save All Answers to save all answers. Save MacBook Air