BA4 Exam Dumps - Fundamentals of Ethics, Corporate Governance and Business Law

Tee Ltd placed some computers in its shop window with a notice which reaD. "Special offer. Internet-ready computers for sale at £400."

 

Which of the following is correct? 

(i) The notice amounts to an invitation to treat.

(ii) When a customer called in to the shop and offered £350 for one of the computers, he had made a counter offer.

(iii) The shop is obliged to sell a computer to anyone who can pay the price.

Which ONE of the following is NOT an essential element of the tort of negligence?

In the UK the body responsible for establishing ethical standards relating to the independence, objectivity and integrity of those providing assurance services is:

You are at a conference. The finance director of one of your competitors is boasting about top secret plans that she says will give her company market dominance. As she walks into a conference session, she accidently drops a folder marked "private and confidential". No one else notices and you are left alone in the room with the folder. Which of the following would be an ethical course of action and why?

Which of the following statements is correct in relation to equity?

 (i) Equity was developed by the Court of Chancery

(ii) Equitable maxims were developed by lawyers

(iii) In the event of a conflict between equity and the common law, equity prevails  

Which of the following is CORRECT in relation to a Limited Liability Partnership (“LLP”)?

(i) An LLP is formed by registration with the Registrar of Companies

(ii) Unlike the articles of a company the internal rules of an LLP are not available for public inspection

(iii) An LLP is liable to pay corporation tax on its profits

B is employed by Zed plc and has suffered an occupational injury.

 

Which of the following is correct?

 

Zed plc may be liable to B for:

i. breach of an implied term in B's contract of employment

ii. breach of the duty to take care in the tort of negligence

iii. breach of statutory duty

Which of the following would be regarded as an issue of shares for an improper purpose?

(i) An issue of shares to enable the directors to maintain control of the board.

(ii) An issue of shares to prevent a take-over bid.

(iii) An issue of shares in return for a non-cash consideration.