please do only Part C Q2. with according to instructions and australian law with Harvard referencing

Page 7 of 11 Part C: Corporations Law question (total 20 marks) Read the two questions below on Corporations Law In 400 words for each question (+/- 10% is allowed), answer the chosen given question. A minimum of 3 genuine and relevant Australian legal references are required for this part of the report. Examples of relevant references for this question include the Corporations Act 2001 (Cth); the Australian and Securities and Investment Commission's (ASIC) website (www.asic.gov.au), the website of the Australian Business Register's (ABR) website (www.abr.gov.au). The full citations for all sources cited in your answer must be listed in a Reference list at the end of your report. In addition, any online sources cited in your answer and listed in your Reference List must include a valid hyperlink that allows access to the full text of the source. Part C- Q1) Director's duties (10 marks) Bob Hawke became a director of James Hardie in 2001 and was a participant at the board meeting which approved the company's release of a misleading announcement to the Australian Stock Exchange, as was found in the case of ASIC v Hellicar [2012] HCA 17. A summary of the case can be found from the following link: https://www.brightlaw.com.au/asic-v-hellicar-liability-of-company- directors-james-hardie/ Required: Advice Bob in relating to his potential liability relating to breach of directors' duties as a director of James Hardie under the Corporations Act. Part C - Q2) Company incorporation and its effects (10 marks) Required: Explain what is meant by the term 'corporate veil'. In what circumstance will Australian courts lift the 'Corporate veil'? Cite relevant legal cases