Question Completion Status: c. All companies must have at least three directors. d. All of the above are correct. QUESTION 5 Which case best illustrates that a company's property is not the property of its participants? a. Macourav Northern Assurance Co Ltd. b. Jones v Lipman O c. Smith, Stone & Knight Ltd v Birmingham Corporation d. Briges James Hardle & Co Pty Ltd. QUESTION 6 Which of the following statements is correct? a. A company comes into existence as soon as all the signatures are on the prescribed form. b. A company comes into existence on the next business day on which it is registered Oc. A company comes into existence as a body corporate at the beginning of the day on which the company is registered. d. A company comes into existence seven days after lodgement with ASIC. QUESTION 7 Click Save and Submit to save and submit. Click Save All Answers to save all answers