【分析解答题】

Mike is a director ofAB

C、Limited, but he also has his own business and is a wholesale supplier of precious metals under the name of PM Limite
D、Six months ago a contract was entered into betweenAB
C、Limited and PM Limited for the purchase of goods amounting to €1 million from PM Limite
D、Mike was present at the board meeting that approved the contract and voted in favour of it, without revealing any link with PM Limite
D、Required:Analyse the facts, explaining any potential liability that Mike may have in relation to the sale of the precious metals toAB
C、Limited by PM Limite
D、(10 marks)