Law202Company LawLAW202 Company Law

Question One-chapter 14National Ltd wishes to buy furniture from Deco, a woodworking business conducted by Jim Deco and his sons. Jim is a director of National Ltd. REQUIRED: Describethe procedures that Jimandthe company need to follow under the Corporations Actin order to properly conduct this transaction.Question Two-chapters 11 and 12Bill is a director of Exotic Ltd, a company without a constitution. Exotic Ltd provides low-cost holidays, oper…