15) Is a majority shareholder allowed to vote however it wishes at a general meeting, without worrying about the effect of the decision on the minority shareholders or on

the company as a whole? If not, why not? Explain with reference to relevant precedents at general law.

16) Explain, with reference to relevant precedents, the operation of s 461(k) of the Corporations Act 2001 (Cth).

17) Discuss the differences between ordinary and preference shares and the different types of preference shares that can be issued by the company.