CIMA Updated BA4 Exam Questions and Answers by casey

Employer's interest

Client's interest

CIMA's interest

Public interest

A person selling goods may be hekJ liable in misrepresentation if he or she remains silent during the negotiations and fails to correct any misunderstandings on the part of the buyer

A misrepresentation is a false statement of fact or opinion made by one person to another before a contract is formed and which causes the contract to be automatically cancelled

If a person can show that he or she was induced to contract by a misrepresentation then a court must grant a remedy, irrespective of the time taken to commence the action against the misrepresents.

If one person attempts to persuade another to enter into a contract by misrepresenting the facts, the intended victim will have a remedy, unless the misrepresentation did not induce the intended victim to contract

(i) only

(ii) only

(i) and (iii) only

(i), (ii) and (iii).

Ensure such details are included in the its annual report.

Highlight this information during its AGM.

Ensure it has an audit committee, remuneration committee and a nominations committee.

Adhere to the principles outlined in the Sarbanes-Oxley Act.