CIMA Fundamentals of Ethics - Corporate Governance and Business Law : BA4

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CIMA BA4 Exam Syllabus Topics:

CIMA Fundamentals of Ethics - Corporate Governance and Business Law Sample Questions:

1. Which of the following governs all public sector employees?

A) The Seven Principles of Public Sector Participation
B) The Seven Principles of Public Enterprise
C) The Seven Principles of Public Private Partnership
D) The Seven Principles of Public Life

2. Which of the following is normally not an implied term of a contract of employment?

A) The duty to obey the employer's lawful instructions.
B) The duty not to disclose confidential information.
C) The duty to maintain mutual trust and confidence.
D) The duty to provide work.

3. Which of the following is not valid consideration?

A) Past consideration.
B) Payment handed over at the time of the contract.
C) A promise to make an early repayment of a debt.
D) Payment to be made upon delivery of the goods.

4. Which of the following is correctly stated to be an advantage of carrying on business via a company limited by shares?
(i) The liability of the company is limited.
(ii) In general the directors are not liable for the debts of the company.
(iii) The liability of the shareholders is limited.

A) (i) and (ii) only
B) (ii) and (iii) only
C) (iii) only
D) (i) only

5. B was an employee of Exe plc but his line manager made it practically impossible for him to continue his employment. B resigned without giving Exe plc any notice as required by his contract of employment. Which of the following is correct?

A) If B's resignation is regarded as constructive dismissal he will be able to claim compensation from Exe plc and the fact that he has failed to provide notice will be regarded as irrelevant.
B) As B failed to provide any notice he has no claim against Exe plc even if B's resignation is regarded as constructive dismissal
C) If B's resignation is regarded as constructive dismissal then his failure to provide notice will prevent any claim under unfair dismissal but not under wrongful dismissal.
D) If B's resignation is regarded as constructive dismissal he will still be able to claim against Exe plc but his failure to provide notice will reduce any compensation awarded.

Solutions: