CIMA BA4 - Fundamentals of Ethics, Corporate Governance and Business Law CIMAPRA17-BA4-1 Dumps in PDF

Free CIMA CIMAPRA17-BA4-1 Real Questions (page: 74)

To which of the following contracts does the Supply of Goods and Services Act 1982 apply?

(i) A contract with a joiner for the manufacture and supply of a cabinet.

(ii) A contract for the hire of a car.

(iii) A contract with a builder to construct an extension to a house.

  1. (i) only
  2. (ii) only
  3. (iii) only
  4. (i), (ii) and (iii)

Answer(s): D



Which of the following governs all public sector employees?

  1. The Seven Principles of Public Sector Participation
  2. The Seven Principles of Public Enterprise
  3. The Seven Principles of Public Life
  4. The Seven Principles of Public Private Partnership

Answer(s): C



Which of the following is NOT normally a stakeholder of an organization?

  1. Customer
  2. CIMA
  3. Government
  4. Media

Answer(s): B



Which of the following statements is correct?

(i) A term may be implied into a contract by statute.

(ii) A term may be implied into a contract on the ground that it is a trade custom.

(iii) A term may be implied into a contract by a court in order to give the agreement "business efficacy".

  1. (i) only
  2. (i) and (ii) only
  3. (iii) only
  4. (i), (ii) and (iii)

Answer(s): D



Which of the following statements is incorrect in relation to the revised derivative action under section 260 of the Companies Act 2006?

(i) The action may be brought by a single shareholder.

(ii) The action may be brought in relation to an act of negligence by the directors.

(iii) The action cannot be brought in respect of a proposed act by the directors.

  1. (i) only
  2. (ii) only
  3. (iii) only
  4. (ii) and (iii) only

Answer(s): C



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