Free BA4 Exam Braindumps (page: 35)

Page 35 of 126

A Ltd contracted to deliver a quantity of goods to B Ltd for £5,000. The goods were delivered and A Ltd submitted an invoice to B Ltd for the amount due which contained a number of new terms. Which of the following is incorrect?

  1. The invoice is a contractual document and B Ltd is bound by the terms on the invoice.
  2. B Ltd is only bound by the terms if it was given notice of them at or before the time of the contract.
  3. B Ltd is bound by the terms if there is a sufficient course of dealings between A Ltd and B Ltd so that B Ltd is assumed to know of the terms.
  4. If B Ltd is unaware of the terms, it can only be bound by them if it agrees to be so.

Answer(s): A



Which of the following is the superior source of law?

  1. A decision by the Supreme Court.
  2. A provision in an Act of Parliament
  3. A Regulation issued by the European Council of Ministers.
  4. A Statutory Instrument.

Answer(s): C



Which of the following is incorrect?

  1. In order to register a company, promoters must include a Memorandum of Association in the documents submitted to the Register of Companies.
  2. A company cannot be registered with the same name as a company already on the register.
  3. For a company with a share capital, the application for registration must contain a statement of capital and initial shareholdings.
  4. The directors of a newly registered company cannot also act as directors of another company.

Answer(s): D



Zed plc has appointed Wye and Co (accountants) as auditors of the company. If the audit is carried out negligently which of the following are entitled to claim against the auditors?

  1. Zed plc only
  2. Zed plc and the directors of Zed plc.
  3. Zed plc, its directors and shareholders.
  4. Zed plc, its directors and shareholders and any other person who has suffered loss as a result of the negligent audit.

Answer(s): A



Page 35 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
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Ruzmina commented on August 11, 2023
Thank you ?? Soo much,
Anonymous
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