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CIMA BA4 Exam Questions
BA4 - Fundamentals of Ethics, Corporate Governance and Business Law (Page 11 )

Updated On: 2-Mar-2026
Page 11 of 102
PDF with 661 Questions

S Ltd has an issued share capital of 1000 ordinary shares of £1 each. Some of the shareholders would like to change the name of the company.
What is the minimum number of votes which must be cast in favor of the resolution to make it effective?

  1. 501
  2. 500
  3. 750
  4. 1,000

Answer(s): C



P contracted to buy a computer from CD (Retailers) Ltd. The contract contained a term excluding liability for any breach of the condition implied by the Sale of Goods Act 1979 that the goods should be of "satisfactory quality".

Which of the following is correct?

  1. If this is a consumer sale the clause is void.
  2. If this is a non-consumer sale the clause is valid.
  3. Conditions implied by the Sale of Goods Act 1979 cannot be excluded in any kind of sale.
  4. If this is a consumer sale the clause is void unless it can be shown to be reasonable.

Answer(s): A



In which country are accountants legally required to speak up about certain ethical concerns?

  1. United Kingdom
  2. Italy
  3. United States of America
  4. China

Answer(s): C



Which of the following do CIMA members NOT have a specific duty to do?

  1. Observe the highest standards of conduct and integrity
  2. Uphold the good standing and reputation of the profession
  3. Refrain from any conduct which might discredit the profession
  4. Uphold the good standing and reputation of their employer

Answer(s): D



Rank the following, starting with the highest court:

(i) Court of Appeal (Civil)

(ii) Supreme Court

(iii) County Court

(iv) High Court

  1. (ii), (i), (iv), (iii)
  2. (i), (ii), (iv), (iii)
  3. (i), (ii), (iii), (v)
  4. (ii), (iv), (i), (iii)

Answer(s): A



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