Which of the following identifies criminal as opposed to civil proceedings?
Answer(s): B
Which of the following will NOT as a general rule amount to consideration?
Answer(s): A
S contracted to buy a portable television from AB (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?(i) It is a criminal offence to attempt to exclude the term as this is a consumer sale.(ii) The clause is void unless it can be shown to be reasonable.(iii) The clause is void.
Answer(s): C
In the UK, which organization that governs the accounting profession has taken the lead with respect to ethical considerations?
A Ltd is under contract to manufacture machinery for B Ltd for £200,000. Which of the following is a valid excuse for A Ltd failing to complete the contract on time?
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