Free BA4 Exam Braindumps (page: 36)

Page 36 of 126

One of your colleagues is running an event to raise money for a local charity. One evening, you see her taking boxes of pens, notepads and post-it notes. When you challenge her, she says that she is taking them for her fundraising and, although she has not asked permission to take them, she is sure the company will not mind. Is this an ethical issue and why?

  1. Yes - she is using company property for other purposes without permission
  2. Yes - she should not be undertaking charitable initiatives
  3. No - it is just stationery and nothing valuable
  4. No - the company would undoubtedly not mind her using the stationery for charitable purposes, so there is nothing wrong with her taking it

Answer(s): A



Which of the following is a civil action?

i) An action by a local authority against a restaurant for selling impure food.

ii) An action by a taxpayer against Her Majesty's Revenue and Customs ("HMRC") in relation to an expenses claim which has been refused by the Inspector of Taxes.

iii) An action by Exe Ltd against Zed Ltd for supplying equipment which was found to be dangerous.

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

Answer(s): A



Exe Ltd has five members. A has 90% of the shares and the other four members holds 2.5% of the shares each.

Which of the following is correct in relation to the calling of a general meeting on short notice?

  1. All five of the members must agree to short notice
  2. A alone may call the meeting on short notice
  3. Any three of the members may agree to the meeting being held on short notice
  4. A and any two of the other members can agree to short notice

Answer(s): D



Which of the following is correct in relation to the memorandum of association when registering a company limited by shares?

  1. The information in the objects clause in the memorandum of a company registered before the Companies Act 2006, is treated as part of the company's articles of association
  2. The name of the company must still be specified in the memorandum
  3. The memorandum must state the company's authorised share capital
  4. The country in which the company is to have its registered office must be specified in the memorandum

Answer(s): A



Page 36 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