Section A: Question 8 asks which of the listed matters is not a test of insolvency. Failure to file annual returns is not a test. Revise the annual return section.
Corporate and Business Law · November 2014
Every objective and theory question in this paper, and the topic notes to revise each one.
November 2014 diet
1 objective and 6 theory| No. | Section | Marks | Covers |
|---|---|---|---|
| Q1 | 5 | Distinctions between civil law and criminal law. Revise the comparison table. | |
| Q2 | 20 | From the Business Law paper set under the previous syllabus. Part (b) asks for the types of resolution and the matter... | |
| Q3 | 20 | From the Business Law paper set under the previous syllabus. Part (b) asks for eight documents presented to the CAC f... | |
| Q4 | 6 | Suzee issued a cheque for ₦140,000 on a balance of ₦125,000. Explain the legal issues. Revise the dud cheque and work... | |
| Q5 | 8 | Four differences between a private trust and a public trust. Revise the comparison table. | |
| Q6 | 5 | Two items that a hire purchase memorandum must contain. Revise the memorandum. |
Objective questions Section A
Theory questions Written questions
Distinctions between civil law and criminal law. Revise the comparison table.
Two differences between a fixed charge and a floating charge. Revise the comparison table.
Vicarious liability explained with examples, and applied to an employee on a frolic of his own. Revise vicarious liability.
Revise this question
Criminal law and business: law and ethics, theft, fraud and deception › Criminal lawInsolvency, receivership and charges › Fixed and floating chargesLaw of torts: negligence, vicarious liability and passing off › Vicarious liabilityFrom the Business Law paper set under the previous syllabus. Part (b) asks for the types of resolution and the matters needing each. Revise the resolutions section.
From the Business Law paper set under the previous syllabus. Part (a) asks for five contents of the articles of association. Revise the contents of the articles.
Part (c) asks for three sanctions for a director who breaches fiduciary duty (6 marks), and Question 3(a)(ii) the duty not to let interest conflict with duty (4 marks). Revise the duties table and the consequences of breach.
Revise this question
Company meetings, notices, voting and resolutions › Ordinary and special resolutionsMemorandum and articles of association › The articles of associationDirectors: appointment, status, duties and removal › The duties of directorsFrom the Business Law paper set under the previous syllabus. Part (b) asks for eight documents presented to the CAC for incorporation. Revise the documents to be filed.
Revise this question
Memorandum and articles of association › Working through the rulesSuzee issued a cheque for ₦140,000 on a balance of ₦125,000. Explain the legal issues. Revise the dud cheque and worked problem 2.
Two duties of a seller in a sale of goods contract. Revise the duties of the seller.
Revise this question
Cheques › The dud chequeSale of goods (ii): rights, duties and remedies of seller and buyer › Performance of the contractFour differences between a private trust and a public trust. Revise the comparison table.
Three, four and six types of agent. Revise the classes of agent.
Two items that a hire purchase memorandum must contain. Revise the memorandum.
Ways in which a contract of employment may be formed. Revise the form of the contract.