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Free BA4 Exam Braindumps (page: 10)

Page 10 of 126
PDF with 661 Questions

Which of the following is correct?

(i) A liquidated damages clause will be void if it amounts to a penalty clause.

(ii) A liquidated damages clause will apply where it is a genuine attempt to pre-estimate the loss caused by a breach of contract.

(iii) A liquidated damages clause is void if it is for an amount in excess of the actual loss caused by the breach of contract.

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

Answer(s): A



In the UK, the body responsible for promoting confidence in corporate reporting and governance is:

  1. The Professional Oversight Board for Accountancy
  2. The International Federation of Accountants
  3. The Financial Reporting Council
  4. The Financial Review Board

Answer(s): C



Which of the following is incorrect?

  1. A ratio decidendi of the Supreme Court is binding on the Court of Appeal.
  2. The Supreme Court is bound by a previous House of Lords ratio decidendi)
  3. A ratio decidendi of the Court of Appeal is binding on the High Court.
  4. A ratio decidendi of the Supreme Court is binding on the High Court.

Answer(s): B



Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?

  1. The separation of the roles of Chairman and Chief Executive
  2. The appointment of independent non-executive directors to the Board
  3. The establishment of a Risk Committee
  4. The appointment of a competent Company Secretary

Answer(s): C



Page 10 of 126



Post your Comments and Discuss CIMA BA4 exam with other Community members:

Patricia commented on May 01, 2024
The term "law as the basis of action " is it not a rules based approach?
Anonymous
upvote

Chamika Makolage commented on March 03, 2024
Best questions
NETHERLANDS
upvote

Ruzmina commented on August 11, 2023
Thank you ?? Soo much,
Anonymous
upvote