Question: Identify and discuss four significant statutory duties that require directors and officers to act with care, diligence and/or in good faith. In your answer explain

Identify and discuss four significant statutory duties that require directors and officers to act with care, diligence and/or in good faith. In your answer explain the consequences for a breach of directors' duties under the Corporations Act. In your answer explain whether the impact of these statutory duties would be different on directors and/or officers of a small Pty Ltd, large Pty Ltd or a public company? Why or why not?

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