ACCA F4考试真题.docx

1、ACCA F4考试真题 Fundamentals Level Skills ModuleCorporate and Business Law(English)Monday 8 December 2014Time allowed: 2 hoursThis paper is divided into two sections:Section A ALL 45 questions are compulsory and MUST beattemptedSection B ALL FIVE questions are compulsory and MUST beattemptedDo NOT open

2、this paper until instructed by the supervisor.You must NOT write in your answer booklet until instructed by thesupervisor.This question paper must not be removed from the examination hall.The Association of Chartered Certified Accountants Section A ALL 45 questions are compulsory and MUST be attempt

3、edPlease use the space provided on the inside cover of the Candidate Answer Booklet to indicate your chosen answer toeach multiple choice question.123Which of the following involves an offer which may only be accepted by performing an action?ABCA collateral contractA unilateral contractA bilateral c

4、ontract(1 mark)An agency relationship which is made retrospectively is referred to by which of the following terms?ABCAgency by estoppel Agency by ratificationAgency by necessity (1 mark)In contract law, the market rule arises in relation to which of the following?ABCDOfferConsiderationRemoteness Mi

5、tigation(2 marks)4In relation to a debenture, which of the following is NOT true?ABCDIt may be issued at a discountInterest on it may be paid from capitalIt is paid after preference shares It is freely transferable(2 marks)5Tan writes to Yun stating that he will sell his car to him for 10,000. At th

6、e same time, Yun writes to Tan stating thathe will buy his car for 10,000.Which of the following statements applies to this situation?ABCThere is a binding agreement due to the postal ruleThere is a collateral contractThere is neither an agreement nor a contract(1 mark)2 6Which of the following stat

7、ements about contracts of employment is true?ABCThey can be made either orally or in writing They must be made in writingThey must be evidenced in writing(1 mark)7Where directors make a false statement of solvency prior to a members voluntary liquidation, which of thefollowing have they committed un

8、der the relevant legislation?ABCDA breach of criminal law with criminal penalties A breach of civil law with criminal penaltiesA breach of civil law with civil liabilityA breach of both civil and criminal law with liabilities under both(2 marks)8Which of the following is the consequence when a patie

9、nt signs a medical consent form before an operation?ABCThe patient gives up any right of action for any injury sufferedAny action for any injury suffered during the operation is limited to negligenceThe level of any potential payment for any injury suffered is reduced(1 mark)9Where a contract states

10、 the sum to be paid in the event of a breach of contract, the stated sum is known as whichof the following?ABCDUnliquidated damagesLiquidated damagesSpecific damagesNominal damages(2 marks)10 Which of the following applies to the concept of enlightened shareholder value?ABCIt is the price shares can

11、 be expected to raise if they were to be soldIt is the yardstick for assessing the performance of directors duties It is the standard of behaviour expected of shareholders in general meetings(1 mark)11 Which of the following involves a summary dismissal in relation to a contract of employment?ABCBot

12、h parties agree to end the contract immediately without notice The employee breaks the contract without noticeThe employer terminates the contract without notice (1 mark)3P.T.O. 12 What qualification is the company secretary of a private limited company required to have?ABCAn appropriate legal quali

13、ficationAn appropriate professional qualification such as ACCANo qualification (1 mark)13 Statutory redundancy payment is calculated on the basis of which of the following?ABCLength of service and pay onlyAge and length of service onlyAge, length of service and pay (1 mark)14 In relation to wrongful

14、 trading, the standard against which the conduct of directors will be assessed is which ofthe following?ABCDPurely subjective, depending on the actual skill of the directorPurely objective, depending on what is expected of a director in that positionA mixture of subjective and objective but only to

15、increase potential liability A mixture of subjective and objective but only to reduce potential liability(2 marks)15 Which of the following statements as regards an acceptance of an offer subject to contract is true?ABCIt binds the offerorIt binds neither partyIt binds both parties(1 mark)16 Su had

16、just passed her driving test when she negligently drove into a pedestrian. What standard of care will Su be judged by?ABCThe objective standard of a newly qualified driver, lack of experience will be taken into accountThe objective standard of a competent driver, lack of experience will not be taken

17、 into account The subjective standard of actual ability(1 mark)17 Which of the following are ordinary partnerships UNABLE to create in relation to their property?ABCMortgagesFixed chargesFloating charges (1 mark)4 18 Which of the following courts deal with civil law matters ONLY?ABCThe Crown CourtTh

18、e magistrates courtThe county court(1 mark)19 Jo promises to pay a reward for the return of her lost phone. Mia finds the phone and returns it to Jo.Which of the following types of consideration has Mia provided?ABCExecuted considerationExecutory considerationPast consideration(1 mark)(2 marks)(2 ma

19、rks)20 Which of the following requires court approval before the appointment of an administrator?ABCDCreditors Holders of floating chargesThe directors of the companyThe company itself21 Which of the following is an English court NORMALLY bound to follow?ABCDAn obiter statement of a higher courtA ra

20、tio of a lower courtA ratio of a court at the same levelAn obiter statement of the Supreme Court22 Which of the following courts hear appeals from the magistrates court?(1) County court(2) Crown Court(3) High CourtABCD(1) and (2) only(2) and (3) only(1) and (3) only(1), (2) and (3)(2 marks)5P.T.O. 2

21、3 Which of the following is NOT an automatic consequence of a compulsory winding up order against a publiclimited company?ABCDTransfers of shareholdings are suspendedLiquidation is deemed to start on the date of the issuing of the order Directors cease to exercise any management powerEmployees are i

22、mmediately dismissed (2 marks)24 Which TWO of the following apply to shares of companies whose names end in Ltd?(1) They may not be issued to non-members(2) They may not be offered to the public (3) They may not be transferred (4) They may not be traded on the stock exchange ABCD(1) and (2)(2) and (

23、3)(1) and (4)(2) and (4)(2 marks)25 Which of the following statements regarding the age limits for serving as a director in a public limited companyis true?ABCDMinimum age 16 years and no maximum age Minimum age 21 years and no maximum ageMinimum age 21 years and maximum age 75 yearsMinimum age 16 y

24、ears and maximum age 75 years(2 marks)26 Which TWO of the following are private law actions?(1) Those between individuals(2) Those between business organisations(3) Those between individuals and the stateABC(1) and (2)(1) and (3)(2) and (3)(1 mark)6 27 In which procedure does a liquidation committee

25、 operate?(1) Compulsory liquidation (2) A members voluntary liquidation (3) A creditors voluntary liquidation (4) AdministrationABCD(1) and (2)(2) and (4)(1) and (3)(3) and (4)(2 marks)28 The category of treasury shares comes into existence under which of the following circumstances?ABCDThey are iss

26、ued as such by a private companyThey are issued as such by a public companyThey are purchased as such by the exchequerThey are purchased as such by a private or public company (2 marks)29 Which of the following is NOT a source of English law?ABCCustomEquityPublic law(1 mark)30 Which of the following

27、 are owed a duty of care by auditors when preparing a companys audit report?ABCDA potential investor with no current holdingAn existing shareholder looking to increase their holdingA company looking to make a takeover bid for the companyThe company and the existing shareholders in the company as a b

28、ody(2 marks)31 In a potential redundancy situation, an employee may lose the right to payment if they reject an offer of alternativeemployment within the business.Which of the following will allow the employee to reject the employment offered and claim redundancy?ABCThe alternative was suitable but

29、the employee reasonably felt that it was not of the same status The alternative was suitable but the employee refused to consider itThe alternative was suitable but the employees grounds for refusing to accept it were unreasonable(1 mark)7P.T.O. 32 Which TWO of the following are reasons for dismissa

30、l which must be justified as FAIR?(1) Capability or qualifications of the employee (2) Legal prohibitions relating to the employee (3) Refusal of the employee to join a trade union(4) Taking part in unofficial industrial actionABCD(1) and (2)(1) and (3)(2) and (3)(2) and (4)(2 marks)33 What type of contract does an employee have?ABCDA contract for service A contract of service A contract for services A contract of services (2 marks)34 Which of the following describes a pre-con