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Why does a company require people to act on its behalf? a. The Corporations Act requires a company to have at least one member b.

Why does a company require people to act on its behalf?

a. The Corporations Act requires a company to have at least one member

b. A company is an artificial legal construct and relies on natural persons to make decisions and take action on those decisions

c. While the company is a separate legal entity and members generally enjoy limited liability, it is possible in certain circumstances to lift the corporate veil.

d. An unlimited company is a company whose members have no limit placed on their liability to the company.

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