Cima certleader ba4 Reviews Questions by Imaan q302 vce pdf

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Exam Name:	Fundamentals of Ethics, Corporate Governance and Business Law
Exam Code:	BA4 Dumps
Vendor:	CIMA	Certification:	CIMA Certificate
Questions:	661 Q&A's	Shared By:	imaan

Question 64

A is about to register a new company limited by shares, “A Ltd”, in order to carry on a retail business. A has ordered a quantity of goods from a supplier “for and on behalf of A Ltd”. Which of the following is correct?

Options:

A Ltd is liable to pay for the order as soon as it is registered.

A is personally liable for the order.

The contract is void.

A Ltd can ratify the contract following registration.

Discussion

Question 65

The Auditing Practices Board has an objective of establishing ethical standards in relation to which aspects of the work of external auditors and those providing assurance services?

Options:

Transparency, competitiveness and value

Independence, objectivity and competitiveness

Transparency, value and integrity

Independence, objectivity and integrity

Discussion

Question 66

Which ONE of the following business organizations could be used by Tom to carry on a business consultancy on his own account?

(i) A private company limited by shares

(ii) A sole tradership.

(iii) A limited liability partnership

Options:

(i) only

(ii) only

(i) and (ii) only

(i) and (iii) only

Discussion

Question 67

The board of Zed Ltd wishes to borrow money from Exe Bank plc. What authority will the board require to enable it to proceed?

Options:

A special resolution

A board resolution

An ordinary resolution

A written resolution

Discussion

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