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CIMA BA4 Exam Dumps - Actual Questions Answers


BA4 practice test questions answers

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Fundamentals of Ethics, Corporate Governance and Business Law

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BA4 Questions and Answers

Question # 1

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

A.

The separation of the roles of Chairman and Chief Executive

B.

The appointment of independent non-executive directors to the Board

C.

The establishment of a Risk Committee

D.

The appointment of a competent Company Secretary

Question # 2

Which of the following is INCORRECT in relation to an alteration of a company’s articles of association?

A.

The articles may be amended by the members passing a special resolution.

B.

Any special resolution to alter a company’s articles of association may be passed by the members in a general meeting or by a written resolution.

C.

As long as the resolution to alter the articles is approved by 75% of the members of the company, it may require members to purchase additional shares.

D.

Any special resolution to alter the articles must be passed in good faith in the best interest of all the shareholders.

Question # 3

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?

A.

If this is a consumer sale the clause is void.

B.

If this is a non-consumer sale the clause is valid.

C.

Conditions implied by the Sale of Goods Act 1979 cannot be excluded in any kind of sale.

D.

If this is a consumer sale the clause is void unless it can be shown to be reasonable.

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