A person dealing with a company: Select one: a. Will lose their entitlement to rely on the statutory assumptions set out in s 129 of the Corporations Act 2001 (Cth) if they have actual knowledge that contradicts an assumption. b. Has a right to rely on the statutory assumptions in s 129 of the Corporations Act 2001 (Cth) in all situations. c. Will not be able to enforce the transaction where the agent of the company has been fraudulent or dishonest, even if they were unaware the person they were dealing with had been fraudulent or dishonest. d. Must undertake independent inquiries before entering into a transaction with the company.

Entities are not required to disclose which of the following in relation to provisions?

Select all that applyWhat are the elements of the promissory estoppel exception to the statute of frauds? (Check all that apply.)Multiple select question.Both parties can no longer profit from the contract.The detrimental reliance of the injured party could have been foreseen by the other party.One party to the contract must be a minor.One party detrimentally relied on an oral promise.

S.102 (1) of the Companies Act states that if any business of a company iscarried out with intent to defraud creditors of the Company or any person whoknowingly participates in carrying on the business in the manner commits anoffence. Discuss the concept entailed in this provision and under what instancesit is applicable. (17.5 Marks)*END*

When availed, such entities need not apply the equity method of the Standard, but they must disclose their involvements in accordance with what?

What happens if a company registered under this Act contravenes the requirements or conducts its affairs fraudulently? A. The Central Government may revoke the licence and direct the company to convert its status and change its name B. The company may be wound up or amalgamated with another company C. The company may be punishable with a fine or imprisonmenta.Only A & Bb.Only B &Cc.Only Cd.All A, B , C