Question: Explain how a company's internal governance rules can be changed. What are the limits to alteration of internal rules? When would the company be bound

  1. Explain how a company's internal governance rules can be changed. What are the limits to alteration of internal rules?
  2. When would the company be bound by a pre-registration contract under the Corporations Act 2001 (Cth)?
  3. How can promoters who have purported to enter into contracts on behalf of companies prior to registration exclude themselves from liability?
  4. Explain the impact of s 588G of the Corporations Act (Cth) on the legal principles established in Salomon's case.

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