Question: If a director delegates a task to another person, what are the legal consequences if the delegate makes a careless mistake which causes shareholders to

  1. If a director delegates a task to another person, what are the legal consequences if the delegate makes a careless mistake which causes shareholders to lose money. You must refer to relevant law.
  2. Is it legally possible to sign a contract in the name of a company that is not yet registered. What are the risks? You must refer to relevant law.
  3. If a director makes a promise to a majority shareholder that no new shares will be issued in the company for a 5 year period, analyse any possible breaches of the Director Duties. You must refer to relevant law

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