U Cla Document1 - Microsoft Word Home Insert Page Layout References Mailings Review View | | A A 21 T A % Cut La Copy Paste Format Painter Clipboard AABBCC AaBbcc AaBb C AaBbcc AaBb Ccl AaBbCcD AABBCCL AaBbCcD Book Title Emphasis Heading 1 Heading 2 Intense E... Intense Q. Intense R... 11 List Para. T ... BI U abe x x Aa ab D A E Change Styles Find - Replace hs Select Editing L Font Paragraph Styles 3.1.2.1.1.1. '1:11:21:31415151:7.1.3.1.9.1.101.11'1.12'1'13' 1'14'1.15%!. 16'1'17' 1.6 | | | | | | I. Semester 2, 2021 BULAW2611 Organisations Law Students should refer to statute and case law where relevant. Question 1 (10 marks) Required: Answer the following questions: a) Does a shareholder have ownership rights to a company's assets? Explain, with reference to relevant case law. (2 marks) Click or tap here to enter text. 1.12.1.11.1.10.1.9.1.8.1.7.116.1.5.1.4.1.3.1.2.1.1.1, 11.1. C b) Explain how companies can take actions that have legal effect. (1 mark) Click or tap here to enter text. c) The effect of limited liability is to transfer the risk of corporate failure from investors to creditors. How does it do this? (2 marks) Click or tap here to enter text. d) Do the benefits of limited liability outweigh the costs? Discuss. (5 marks) Click or tap here to enter text. * OM nuection 2010 marke Page: 4 of 6 Words: 7/998 English (Australia) 100% :: Type here to search o || - EC 0 T: 2. 21C la 8:06 PM 18/11/2021 C