Section 191 of the Corporations Act 2001 (Cth) imposes a duty on a director to disclose to the other directors any material personal interest? What is material personal interest?

	a.	An interest that relates to the affairs of the company.
	b.	A personal interest that will be substantially affected by a decision of the company.
	c.	An interest from which the director stands to benefit personally.
	d.	All of the above are correct.

question 2

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.
	b.	The duty to exercise powers for a proper purpose.
	c.	The duty to act with care and diligence.
	d.	All of the above.