Question: Answer whether the statements are true or false. i) The rules on contributory negligence was applied in the context of directors duties in Daniels v

Answer whether the statements are true or false.

i) The rules on contributory negligence was applied in the context of directors duties in Daniels v Anderson (1995) 13 ACLC 614 case.

ii) A company limited by guarantee does not have the power to issue shares.

iii) Proxies can be directed giving specific instructions on how to vote on the resolution, or undirected leaving voting to the discretion of the proxy.

iv) A liquidators main role is to investigate the company on behalf of the Australian Securities and Investments Commission (ASIC).

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