Question: corporate laws Part B - Sample MOQ: 1 mark each 1. Select the correct statement: A director who refuses to issue further shares in the

corporate laws Part B - Sample MOQ: 1 mark each 1.

corporate laws

Part B - Sample MOQ: 1 mark each 1. Select the correct statement: A director who refuses to issue further shares in the company in order to protect a majority shareholder, will: Not suffer any consequences, because Directors owe a fiduciary duty to the company and its shareholders Be In breach of Corporations Acts 180 Breach Corporations Acts 184 May be liable to pay compensation to the company for breaching a general law Director Duty O Likely Incur criminal penalties

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