Which of the following indicates that a business is being run
A sole trader business is run by a single person who is not legally distinct from the business. The other options may be true for a sole trader, but t...
Which of the following statements regarding compensation for
A basic award is subject to a statutory maximum but is based on the employee's age, pay and length of service. A compensatory award is subject to a st...
Pre-emption rights are granted in which of the following situ
Pre-emption rights only apply when a company proposes to allot ordinary shares wholly for cash....
In which of the following circumstances must a public company
A public company must re-register as a public company if its share capital falls below £50,000....
Which of the following types of dismissal occurs when no noti
Dismissal without notice is known as summary dismissal....
State whether Elle's reply at the end of March had lapsed thr
There is nothing to indicate that Jane's (counter) offer is not still open in March. An offer may be expressed to last for a specified time. It then ex...
Which of the following is true regarding presumptions of inte
Parties in social, domestic and family agreements are presumed not to intend to be legally bound, but this presumption is rebuttable. Parties in commer...
Which of the following is an intrinsic aid to statutory inter
The long title is an element of the Act and is therefore an intrinsic aid. Hansard and Law Commission reports are not part of the Act and are therefor...
Which of the following resolutions is required to remove an a
An ordinary resolution with special notice is required to remove an auditor of any company....