Explain the meaning of class rights, Business Law and Ethics

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Question 1:

(a) Who is a director of a company and describe how he may be appointed.

(b) What are the duties owed by directors under the Companies Act 2001?

Question 2:

Section 100 of the Insolvency Act 2009 provides that the winding up of a company may be effected through various modes. Elaborate on these modes of winding up and their respective processes.

Question 3:

Explain the meaning of "class rights".


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