Cima certkiller cima Certificate Ba4 Syllabus Exam Questions Answers by Teo q453 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:	teo

Question 88

Zed plc contracted to build an apartment block for Exe Ltd. Which of the following would provide Zed with a valid excuse not to proceed with the contract?

(i) A key employee who was to manage the project has resigned.

(ii) The price of the materials to be used by Zed plc have increased to such an extent that the building can only be completed at a loss to Zed plc.

(iii) Planning permission has been refused.

Options:

(i) only

(i) and (ii) only

(i) and (iii) only

(iii) only

Discussion

Question 89

Which of the following remedies is available as of right in the event of a breach of contract?

(i) Specific performance.

(ii) Damages.

(iii) An injunction.

Options:

(i) only

(ii) only

(iii) only

(ii) and (iii) only

Discussion

Question 90

The articles of association of Zed Ltd provide that Z is to be an executive director for life. Zed is also a shareholder in the company.

Which ONE of the following is CORRECT?

Options:

Despite the provision in the articles Z can be dismissed at any time by an ordinary resolution.

As an executive director Z is an employee of Zed Ltd and is entitled to employment protection rights.

Z may sue the company for breach of contract in respect of the provision in the articles of association as they form a contract between the members and the company.

Z is entitled to vote as a shareholder in relation to a proposed resolution to dismiss him as a director.

Discussion

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Question 91

Which of the following is correct?

(i) The Court of Appeal is bound by obiter dicta of the Supreme Court.

(ii) The High Court is bound by a Supreme Court ratio decidendi.

(iii) A ratio decidendi of the Court of Appeal is binding on the High Court.

Options:

(i) only

(i) and (ii) only