Mirchawala’s Hub of Accountancy:
F4:MOCK Exam 3:
Question#1:
Which of the following reasons for dismissal is automatically unfair?
A. Capability or qualifications
B. A spent conviction
C. Unofficial industrial action
Question#2:
Which of the following statements in relation to criminal offences is correct?
A. A summary offence is a minor criminal offence
B. The county court has jurisdiction in relation to criminal offences
C. A criminal matter is dealt with under the multi-track procedure
Question#3:
What remedies are available to the injured party if a condition of the contract is broken?
A. Damages only
B. Repudiation only
C. Damages and repudiation of the contract
Question#4:
Joel and Kerry are the son and daughter of Marion, Marion has asked them to clean their rooms, ready
for their grandparents’ visit, She said she would give them each £10 for doing so.
Which TWO of the following statements are true?
A. Domestic or family arrangements are usually informal and so the court will be willing to overlook the
usual requirements for the formation of a contract
B. This arrangement cannot amount to a contractual agreement because it is not made in a
commercial context
C. Joel, Kerry and Marion do not have the requisite intention to create legal relations
D. There is a lack of mutuality about this arrangement, which means that it will be unenforceable as a
contract
Question#5:
Which TWO of the following statements concerning the distribution of a company’s dividends are
true?
A. In all cases, the net assets must be no less than the aggregate of its called-up share capital and
distributable reserves at the time of the distribution
B. Even after a dividend is declared and due for payment, there is no obligation for the company to
make the distribution
C. No distribution may come from the capital redemption reserve
D. In all cases, the distribution must come from accumulated realised profits, less accumulated realised
losses
Question#6:
Sally works for Scarecrow Ltd and wears a uniform in the workplace. At work Sally is largely
independent, rarely interacting with other workers. When Sally was ill last year she received statutory
sickness payments. At her last appraisal it was agreed that Sally would personally reimburse a customer
who lost money, due to negligent advice provided by Sally.
Which TWO of the following factors would support a claim that Sally is an employee of Scarecrow Ltd?
A. Working independently
From the desk of Sir Owais Mirchawala: Page 1
, Mirchawala’s Hub of Accountancy:
B. Wearing a uniform
C. Compensating the customer
D. Receipt of statutory sick pay
Question#7:
According to the Companies Act 2006, which of the following is NOT allowed to act as an auditor of a
company?
A. An employee of the company
B. A creditor of the company
C. A shareholder in the company
Question#8:
Which types of company must hold an annual general meeting?
A. Public companies only
B. Both private and public companies
C. Private companies only
Question#9:
Indicate whether the following statements regarding unfair dismissal are true or false.
True False
The employee must demonstrate to a tribunal that dismissal was not justified
The dismissal may be constructive rather than actual dismissal
Question#10:
In the context of the tort of negligence, which of the following about ‘novus actus interveniens’ is
true?
A. If there are a number of possible causes, the courts must decide which caused the harm
B. A claimant will only be compensated for actual loss, damage or injury suffered
C. Defendants will not be liable where the chain of events is broken
D. A claimant will not be compensated for harm that would have happened anyway
Question#11:
Which TWO of the following courts can hear an appeal directly from a criminal case heard in the
magistrates’ court?
A. Crown Court
B. Court of Appeal
C. Divisional Court of the Queen's Bench
D. Court of Justice of the European Union
Question#12:
Which TWO of the following statements regarding legislation are correct?
A. The electoral system means that the statute-making process responds to public opinion
B. An Act always comes into operation immediately after it receives Royal Assent
C. Those who draft statute cannot anticipate every case which may arise
D. Courts may strike out any legislation which is contrary to the European Convention on Human Rights
Question#13:
For each of the following roles of officers involved in financially distressed companies, indicate
whether it is carried out by an administrator or a liquidator.
Liquidator administrator
From the desk of Sir Owais Mirchawala: Page 2
F4:MOCK Exam 3:
Question#1:
Which of the following reasons for dismissal is automatically unfair?
A. Capability or qualifications
B. A spent conviction
C. Unofficial industrial action
Question#2:
Which of the following statements in relation to criminal offences is correct?
A. A summary offence is a minor criminal offence
B. The county court has jurisdiction in relation to criminal offences
C. A criminal matter is dealt with under the multi-track procedure
Question#3:
What remedies are available to the injured party if a condition of the contract is broken?
A. Damages only
B. Repudiation only
C. Damages and repudiation of the contract
Question#4:
Joel and Kerry are the son and daughter of Marion, Marion has asked them to clean their rooms, ready
for their grandparents’ visit, She said she would give them each £10 for doing so.
Which TWO of the following statements are true?
A. Domestic or family arrangements are usually informal and so the court will be willing to overlook the
usual requirements for the formation of a contract
B. This arrangement cannot amount to a contractual agreement because it is not made in a
commercial context
C. Joel, Kerry and Marion do not have the requisite intention to create legal relations
D. There is a lack of mutuality about this arrangement, which means that it will be unenforceable as a
contract
Question#5:
Which TWO of the following statements concerning the distribution of a company’s dividends are
true?
A. In all cases, the net assets must be no less than the aggregate of its called-up share capital and
distributable reserves at the time of the distribution
B. Even after a dividend is declared and due for payment, there is no obligation for the company to
make the distribution
C. No distribution may come from the capital redemption reserve
D. In all cases, the distribution must come from accumulated realised profits, less accumulated realised
losses
Question#6:
Sally works for Scarecrow Ltd and wears a uniform in the workplace. At work Sally is largely
independent, rarely interacting with other workers. When Sally was ill last year she received statutory
sickness payments. At her last appraisal it was agreed that Sally would personally reimburse a customer
who lost money, due to negligent advice provided by Sally.
Which TWO of the following factors would support a claim that Sally is an employee of Scarecrow Ltd?
A. Working independently
From the desk of Sir Owais Mirchawala: Page 1
, Mirchawala’s Hub of Accountancy:
B. Wearing a uniform
C. Compensating the customer
D. Receipt of statutory sick pay
Question#7:
According to the Companies Act 2006, which of the following is NOT allowed to act as an auditor of a
company?
A. An employee of the company
B. A creditor of the company
C. A shareholder in the company
Question#8:
Which types of company must hold an annual general meeting?
A. Public companies only
B. Both private and public companies
C. Private companies only
Question#9:
Indicate whether the following statements regarding unfair dismissal are true or false.
True False
The employee must demonstrate to a tribunal that dismissal was not justified
The dismissal may be constructive rather than actual dismissal
Question#10:
In the context of the tort of negligence, which of the following about ‘novus actus interveniens’ is
true?
A. If there are a number of possible causes, the courts must decide which caused the harm
B. A claimant will only be compensated for actual loss, damage or injury suffered
C. Defendants will not be liable where the chain of events is broken
D. A claimant will not be compensated for harm that would have happened anyway
Question#11:
Which TWO of the following courts can hear an appeal directly from a criminal case heard in the
magistrates’ court?
A. Crown Court
B. Court of Appeal
C. Divisional Court of the Queen's Bench
D. Court of Justice of the European Union
Question#12:
Which TWO of the following statements regarding legislation are correct?
A. The electoral system means that the statute-making process responds to public opinion
B. An Act always comes into operation immediately after it receives Royal Assent
C. Those who draft statute cannot anticipate every case which may arise
D. Courts may strike out any legislation which is contrary to the European Convention on Human Rights
Question#13:
For each of the following roles of officers involved in financially distressed companies, indicate
whether it is carried out by an administrator or a liquidator.
Liquidator administrator
From the desk of Sir Owais Mirchawala: Page 2
