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-w--- ' Answer a_H parts of this question Hooboo Plc is a major retailer of ladies' fashion wear. The following events have occurred and have

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-w--- ' Answer a_H parts of this question Hooboo Plc is a major retailer of ladies' fashion wear. The following events have occurred and have been brought to the attention of the Board of Directors of Hooboo Plc following an internal investigation resulting from an article published in a nancial newspaper. Cam is the director in charge of sales and marketing for Hooboo Plc He negotiated with Starr Limited, a marketing agency, for Starr Limited to undertake a marketing campaign on Hooboo's plc behalf. Starr Limited was not the cheapest or best company to undertake this work, but it paid a regular commission to Cam personally for getting the business. Cam has not mentioned to anyone that he has received these payments. Emma is the director in charge of purchasing for Hooboo Plc. She has never disclosed to her fellow directors that she is also a shareholder in a rival fashion company Future Look Limited. Future Look Limited supplies Hooboo Plc with business jackets and skirts under a contract that Emma set up and which was approved at a Board meeting that Emma attended. Required: Explain the role of the Board of Directors. (3 marks) a) Advise the Board of Directors of Hooboo Plc as to the extent to which Cam and Emma may be in breach of their duties towards the company and the consequences that may result from this. (9 marks) b) What legal and pragmatic considerations should the Board of Hooboo Plc undertake if they wish to dismiss Cam and [or Emma as directors? (8 marks)

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