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Free BA4 Exam Braindumps
BA4 - Fundamentals of Ethics, Corporate Governance and Business Law Questions 231–235 (page: 48)

Updated On: 9-Feb-2026
Page 48 of 102
PDF with 661 Questions

Which of the following countries does not have a written constitution?

  1. The United Kingdom
  2. Poland
  3. Germany
  4. Italy

Answer(s): A



Which of the following types of board committee are recommended by the UK Corporate Governance Code?

(i) Nomination Committee

(ii) Audit Committee

(iii) Quality Assurance Committee

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

Answer(s): C



XYZ plc has recently acted in breach of its contract with ABC Ltd. The breach caused ABC Ltd to lose several thousand pounds. The board of ABC Ltd has resolved not to proceed against XYZ plc, as it believes that the time and expense involved would be disadvantageous to the company. A number of ABC Ltd shareholders are dissatisfied with the board's decision.

Which of the following is INCORRECT?

  1. Individual shareholders cannot interfere with the board's decision.
  2. If the shareholders pass an ordinary resolution requiring the board to proceed against XYZ plc, the board will be obliged to comply with the resolution.
  3. If the shareholders are dissatisfied with the directors they may vote to remove them from office.
  4. If the directors are removed from office, they may be entitled to damages for breach of their service contracts.

Answer(s): B



According to the CIMA Code of Ethics:

  1. Good legal behavior may be above that required by ethics
  2. Good ethical behavior may be above that required by the law
  3. Good professional behavior may be above that required by ethics
  4. Good ethical behavior may be above that required by professional bodies

Answer(s): B



Which of the following is NOT one of the main requirements of the UK Corporate Governance Code?

  1. The appointment of a competent Company Secretary
  2. The establishment of a company website
  3. The separation of the roles of Chairman and Chief Executive
  4. The appointment of independent non-executive directors to the Board

Answer(s): B



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