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Section 180 (2) of the Corporations Act 2001 (Cth) provides welcome relief for directors from the dilemma they regularly face when asked to take action
Section 180 (2) of the Corporations Act 2001 (Cth) provides welcome relief for directors from the dilemma they regularly face when asked to take action in respect of a matter relevant to the business operations of the corporation.
Explain what the above statement means and how it assists directors in discharging their duties to the company.
Make reference in your answer to legal principles, cases and relevant legislation.
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