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This part consists of two (2) short answer questions each worth Ten (10) marks. You should attempt both questions. Remember to include any relevant sections

This part consists of two (2) short answer questions each worth Ten (10) marks. You should attempt both questions.

Remember to include any relevant sections of the Corporations Act in your answers.

QUESTION B1

Who determines whether new shares are to be issued by a company? What needs to be considered?

(10 marks)

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