Cima udemy selected Ba4 Cima Certificate Questions Answers by Ela q352 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:	ela

Question 92

Paul has been held personally liable to contribute to the assets of P Ltd as a result of his "fraudulent trading" under Section 213 of the Insolvency Act 1986. The court is about to disqualify Paul from acting as a director. What is the maximum period for which he may be disqualified?

Options:

No maximum.

5 years.

10 years.

15 years.

Discussion

Question 93

Stefan takes his car to the local Car wash to get it cleaned. However, when he comes back an hour later, he finds that, although the car has been cleaned, the car has also been damaged, with scratch marks running

down all of the left side.

What type of term applied to this situation:

Options:

Court Implied Term

Statutory Implied Term

Express Term

Incorporated term

Warranty

Condition

Innominate term

Discussion

Question 94

If a professional accountant believes that he or she will not be able to comply with all the legal frameworks, regulations and standards for business in a particular circumstance, what does he or she have a duty to do? Please select TWO of the following:

Options:

Obey the law

Disregard conflicting standards

Act in the interests of his or her employer

Raise his or her concerns by speaking up

Discussion

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Question 95

Which of the following statements is correct?

(i) In the event of a conflict between English Law and European Law, English Law prevails.

(ii) The Supreme Court is the highest court in the United Kingdom.

(iii) The High Court is bound by a ratio decidendi of the Supreme Court.

Options:

(ii) and (iii) only

(i) and (iii) only