Question: Question: (Please explain it clearly) 1.By giving at least three examples, describe the functions and powers of ASIC. 2.Explain the purpose of liquidation. 3.Discuss the

Question: (Please explain it clearly)

1.By giving at least three examples, describe the functions and powers of ASIC.

2.Explain the purpose of liquidation.

3.Discuss the fiduciary duties of a director and its importance for the company.

4.Explain the differences between a dividend and a debenture.

5.What are the duties and responsibilities of an Auditor under the Corporations Act 2001(Cth)?

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