Free BA4 Exam Braindumps (page: 44)

Page 43 of 126

Who is entitled to sue under Section 994 of the Companies Act 2006, which empowers the court to grant a remedy in the event of the company's affairs being conducted in a manner "unfairly prejudicial to the interests of members..."?

  1. Any member.
  2. The holders of at least 10% of the company's issued share capital.
  3. The shareholders as a whole.
  4. The directors.

Answer(s): A



High profile corporate scandals in the past decade have had an effect on which of the following?

  1. Public trust in business
  2. Legislation in the US and elsewhere
  3. Public trust in accountants
  4. All of the above

Answer(s): D



Ethical dilemmas can arise where there is tension between:

  1. Societal and professional values
  2. Professional and corporate values
  3. Corporate and personal values
  4. All of the above

Answer(s): D



Which of the following requires the approval of 75% of all the company's shareholders who are entitled to vote?

  1. A written special resolution
  2. A special resolution
  3. A written ordinary resolution
  4. An ordinary resolution

Answer(s): A






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

BA4 Discussions & Posts