The duty of care and diligence is set out in which ONE of the following provisions of the Corporations Act 2001 (Cth)?Question 2Answera.

A company derives its power to issue shares from which section of the Corporations Act 2001 (Cth)?Question 12Answera.Section 9b.Section 254Bc.Section 1070Ad.Section 124(1)

Breach of duty of care (3 requirements + 4 factors)

Which of the following statements is false? In an obligation to give a determinate thing, the person obliged should take care of the thing.*1 pointwith standard of diligencewith standard of diligence although another standard of care is required by lawwith another standard of care when the law requireswith the diligence that the parties stipulate

Failure to comply to a certain standard of care would result in: Direct cause Duty Breach of duty Damages

The function of a company’s constitution (and any applicable Corporations Act 2001 (Cth) replaceable rules) is to: Select one: a. Govern the internal administration of the company. b. Provide assumptions for third parties to rely on when dealing with the company. c. Ensure that the company is a separate legal entity. d. Give ASIC the right to enforce the Corporations Act against the company.