development in corporate governance

I need a short description for each question with reference:

1. Describe a recent development in corporate governance. 2. Explain the Ultra Vires Doctrine. Why is it important? 3. On page 107 of your text, the authors discuss various corporate committees. One committee discussed is the audit committee requirement of the Sarbanes Oxley Act. What do you believe is the significance of the audit committee and why? 4. Under what circumstances would you as the shareholder of a corporation bring a derivative suit? 5. What is the difference between how a regular corporation is dissolved versus that of a nonprofit? 6. What are some of the rights of members of nonprofit corporations? 7. Explain the primary benefit test outlined on page 1195 of your text and explain how it affects a professional’s liability. 8. What liability do professionals owe to third parties?