answer both question within 400 words each ans

Group 1 Directors' Duties Question 1A Fred is a director on the board of XYZ Pty Ltd. Bibek has approached Fred to tell him that he (Bibek) wants to invest in XYZ Pty Ltd and that he will give Fred a 5% commission if the investment is approved by XYZ Pty Ltd. Fred and Bibek decide not to tell the other directors of XYZ Pty Ltd about the proposed commission. If Fred accepts Bibek's offer will he have transgressed any corporate governance guidelines? Explain Question 1B Is a company's Constitution the sole source of the law relating to directors' duties in Australia? Explain. In your answer, please refer to relevant legislation