Section 124 of the Corporations Act permits Cecil, who is the sole director of Halifax Pty Ltd, to open a new bank account in the name of Halifax Pty Ltd because

A. a director like Cecil is a natural person and only natural persons can have bank accounts

B. a company can purchase shares in the bank and so can become a shareholder of the bank

C. Cecil, as the sole director can be sued if he doesn't open a bank account for the company

D. a company can own property in its own name