These are the facts in which case? Three out of 4 directors on the Board, when negotiating a new contract, formed a new

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answerhappygod
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These are the facts in which case? Three out of 4 directors on the Board, when negotiating a new contract, formed a new

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These are the facts in which case? Three out of 4 directors on
the Board, when negotiating a new contract, formed a new company to
carry out the contract.
Furs Ltd v Tomkies [1936]
Cook v Deeks [1916]
Canadian Aero Services v O Malley [1973]
Regal (Hastings) Ltd v Gulliver [1967]
None of the above.
Can a company be a director of another company?
A company will be considered a shadow director under s 9 if the
directors of the subject company are accustomed to act in
accordance with its instructions or wishes.
A company will not be considered as shadow director of the
subject company because if it is exercising any power to influence
the decisions of the board of directors of the subject company, it
is protecting its own private interests.
A company will not be considered a shadow director of the
subject company as a company cannot be a director of another
company.
A company is unlikely to be shadow director because it will
usually fall under the definition of de facto director in s. 9.
If the members disagree with a decision made by the board of
directors, they are able to:
Immediately take over the management of the company.
Override the decision made by the board.
Pass a resolution at a members’ meeting removing and replacing
the directors.
Any of the above.
None of the above options are available to members.
Companies are now permitted by the Corporations Act 2001
to hold virtual general meetings. Which of the following statements
most accurately describes the effect of the new laws?
Companies can use any technology to hold a virtual meeting
provided it has been approved by ASIC.
Members may choose whether to receive meeting documents
electronically or by hard copy.
A general meeting can be virtual, or it can be at a physical
place, but it can never be a combination (that is, hybrid).
Members who attend a general meeting virtually must submit any
questions to be put to the meeting the day before.
None of the above, that is, none of the statements describe the
effect of the new laws on virtual meetings.
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