Every objective and theory question in this paper, and the topic notes to revise each one.
| No. | Section | Marks | Covers |
|---|---|---|---|
| Q2 | 20 | From the Business Law paper set under the previous syllabus. Part (a) asks about timing and conduct of meetings, incl... | |
| Q3 | 6 | The role of the SEC in appointing an auditor (2 marks), and three matters the audit of Kunte Plc must cover (6 marks)... | |
| Q4 | 3 | State three types of e-contract. Revise the types of e-contract. | |
| Q5 | 6 | Kitanga Bank Plc plans to distribute all its profits as dividends. Advise on the reserve fund (30% or 15%, penalty ₦5... | |
| Q6 | 4 | Two ways of creating a private trust. Revise private trusts. |
Which company may not appoint a secretary, and the secretary of a public company. Revise appointment and qualifications.
From the Business Law paper set under the previous syllabus. Part (a) asks about timing and conduct of meetings, including the first AGM. Revise the timing table and worked figures.
Two cases of capital reduction permitted under CAMA (2 marks) and two purposes of a reduction (4 marks). Revise the reduction section.
The role of the SEC in appointing an auditor (2 marks), and three matters the audit of Kunte Plc must cover (6 marks). Revise SEC registration, the duties and worked problem 1.
Jaugernault Plc: the nature of the security and whether it is a mortgage or a pledge, and which item is not a test of insolvency. Revise worked problem 1.
State three types of e-contract. Revise the types of e-contract.
Types of e-commerce contract. Covered in the topic on e-contracts. Start here with e-commerce and the law.
The accountant as an expert witness in a computer fraud case. Revise the roles of the accountant.
Distinguish an offence from ethics, and state four objectives of ethical codes. Revise ethics and ethical codes.
Kitanga Bank Plc plans to distribute all its profits as dividends. Advise on the reserve fund (30% or 15%, penalty ₦500,000). Revise the bank section.
A bank planning to pay out all its profits as dividends: the reserve fund transfer. Revise the statutory duties of a licensed bank.
Three rights of an agent. Revise the six rights of an agent.
Whether Kalu is liable for the wrong advice of the acting manager, despite his instruction. Revise worked problem 1.
Conditions implied where goods are sold by sample. Revise implied terms.
Offer and acceptance in insurance: the proposal form, its completion, the premium, and an agent completing the form. Revise formation.
Two ways of creating a private trust. Revise private trusts.
Parties to a bill, general acceptance, and order and bearer bills. Revise parties and the order and bearer comparison.
The condition for admitting a customer’s online transaction in evidence. This is dealt with in the topic on electronic evidence. Start here with formation online.
| No. | Section | Marks | Covers |
|---|---|---|---|
| Q1 | 10 | Ayo and Bola and the typographical mistake (7 marks), and three vitiating elements (3 marks). Revise worked problem 1... | |
| Q2 | 5 | Duties an agent owes his principal, and the duties Brenda breached. Revise duties and worked problem 2. | |
| Q3 | 6 | Four statutes against bribery, and an explanation of bribery. Revise the offence and the statutes. | |
| Q4 | 20 | From the Business Law paper set under the previous syllabus. A company declares profit at its annual general meeting ... | |
| Q5 | Penalties for laundering drug money by an individual and by a corporate body. Revise offences and jurisdiction. | ||
| Q6 | 5 | Distinguish a contract of sale from hire purchase. Revise the comparison. |
Section A: A will is ambulatory, persons granted letters are administrators, and intermeddling. Revise wills and personal representatives.
Which is a type of e-contract (shrink-wrap), and an e-contract validly entered into is enforceable. Revise the meaning of an e-contract.
Ayo and Bola and the typographical mistake (7 marks), and three vitiating elements (3 marks). Revise worked problem 1 and the vitiating factors.
Explain letters of administration and a will. Revise wills and letters of administration.
Duties an agent owes his principal, and the duties Brenda breached. Revise duties and worked problem 2.
Five rights of a bank in its relationship with the customer. Revise the rights of the bank.
Four statutes against bribery, and an explanation of bribery. Revise the offence and the statutes.
Termination versus summary dismissal, and four duties of the employer. Revise the duties of the employer.
Floating charge and its advantages to the company. These are covered in the later topic on insolvency, receivership and charges. Start here with secured debentures and priority.
Floating charge and two of its advantages to the company. Revise the five advantages.
Forgery (3 marks), false pretences (3 marks) and two immaterial factors (2 marks). Revise false pretences and forgery.
From the Business Law paper set under the previous syllabus. A company declares profit at its annual general meeting and the directors and members disagree on how it is used. It tests the division of power between board and general meeting, and the dividend rule.
From the Business Law paper set under the previous syllabus. A company holds its AGM and the members and directors disagree over how the profit is dealt with. Revise ordinary business and the problem on dividends.
Fresh Foods Plc: shareholders resolve to pay a dividend the board did not recommend, against accumulated losses. Explain the issues and advise. Revise who declares a dividend and worked problem 1.
Six reports in a public company’s financial statements, and six contents of the directors’ annual financial report. Revise the financial statements table.
Four categories of tort, four that affect economic interests, and three common rules of tort liability. Revise classification.
Penalties for laundering drug money by an individual and by a corporate body. Revise offences and jurisdiction.
Distinguish a contract of sale from hire purchase. Revise the comparison.
Distinguish a contract of sale from hire purchase. Revise the comparison table.
Four ways to authenticate an email message as evidence. Revise the email section.