F4 Revision Test (ENG)

Please take ACCA F4 Revision Test

To complete the quiz you must answer all 20 questions, then you will be shown the results and the correct answers.

(This quiz selects 20 questions at random from the bank of over 100 questions, so do try the test again)

1. What principle could be described as “The cornerstone of English Law”?


Question 1 of 20

2. In the context of consideration, what characterises “executed consideration”?


Question 2 of 20

3. In a company with 1,000 members, what is the MINIMUM number of members who must vote in favour in order to pass a special resolution and all members vote?


Question 3 of 20

4. What is the main common law remedy for the innocent party in the event of breach of contract?


Question 4 of 20

5. Is this statement true? “A public company must have an appropriately qualified company secretary”


Question 5 of 20

6. What word is used to describe what has happened to the original decision when a case goes to appeal and the appeal is won?


Question 6 of 20

7. In a case where the plaintiff is referred to as “R”, who is “R”? (eg R v Clark)


Question 7 of 20

8. Is this statement true? “On a liquidation, all debenture holders are paid in priority to the members.”


Question 8 of 20

9. The “Boots case” illustrates what principle of law?


Question 9 of 20

10. In a situation where the Court is faced with having to interpret statute, the Court will apply the Golden Rule if the application of the Literal Rule would lead to *****.   What is *****?

Question 10 of 20

11. Is a joint venture arrangement classed as a partnership?


Question 11 of 20

12. There are three offences involved in the criminal offence of Money Laundering. Which one is NOT one of them?


Question 12 of 20

13. Is this statement true? “The entry to balance the cash received on the event of a bonus issue of shares is to a combination of the share capital account and the share premium account”


Question 13 of 20

14. The terms may NOT be implied into a contract by


Question 14 of 20

15. In a “contract for services” the contracted person is:


Question 15 of 20

16. In company law what is the literal translation of “ultra vires” in the context of directors’ actions?


Question 16 of 20

17. If you are the defendant in a civil law court case, what title is given to the other party?


Question 17 of 20

18. What sort of remedy is “injunction”?


Question 18 of 20

19. Where a person has, historically, been allowed to act as though they were a Chief Executive Officer, the other directors would be **** from denying that title. Complete the gap

Question 19 of 20

20. Is that statement true? “A person becomes a member of a company when they have successfully bought shares in the company”


Question 20 of 20