LAW513 Management

Explain whether BNZ bank can enforce its mortgage over the building. Consider

whether it can rely of the assumptions in s129 of the Corporations Act. and whether

an exception to the assumption by way of s128(4) is applicable. Refer to case law to

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explain your conclusion. (Words 1,000 (15 marks)

Briefly discuss whether Mrs Jones has breached any director duties in establishing

the new company and approaching clients.

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