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ACCA考試輔導(dǎo):F4模擬練習(xí)(7)

考試網(wǎng)  [ 2017年7月5日 ] 【

ACCA考試輔導(dǎo):F4模擬練習(xí)

  Question:When deciding a case, a Divisional Court of the Chancery division is not bound by previous decisions of——

  A. The Employment Appeals Tribunal.

  B. The Court of Appeal.

  C. A Divisional Court of the Chancery division.

  D. The Supreme Court.

  The correct answer is: The Employment Appeals Tribunal.

  Being of equal status with the High Court, its decisions are not binding on a Divisional Court of the Chancery division of the High Court.

  Question:Directors will not be required to account to the company for profits received in their position as directors in which of the following circumstances?

  (i) Where it can be shown that the company has lost nothing

  (ii) Where the company in general meeting resolves that the profits need not be accounted for

  A. Neither (I) nor (ii).

  B. (ii) only.

  C. (i) only.

  D. Both (I) and (ii).

  The correct answer is: B

  It is immaterial that the company does not suffer loss. The director can join in the vote to approve the transaction as long as no fraud is committed.

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