This subject area examines corporate governance. They discuss the internal affairs and the business of a corporation. Develop your written part around the following questions:

How is a corporation organized and managed?

What is the function of the board of directors?

How are the directors appointed and removed?

Who is an officer?

What are the duties of directors and officers?

What are the consequences of a breach of duty by a director or an officer?

What defences are available to directors and officers?

What are the rights and duties of shareholders?

How are the rights of minority shareholders protected?