What are the main differences between Common Law Director Duties, and Director Duties under the Corporations Act? (Required: Who brings legal action; Types of penalties applicable). You must refer to law)

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What are the main differences between Common Law Director Duties,
and Director Duties under the Corporations Act? (Required: Who brings
legal action; Types of penalties applicable). You must refer to law)
Transcribed Image Text:What are the main differences between Common Law Director Duties, and Director Duties under the Corporations Act? (Required: Who brings legal action; Types of penalties applicable). You must refer to law)
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