*** F4 June 2012 Exam was … Comments and Instant Poll ***

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  • Avatar of admin
    admin
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    Post your comments about June 2012 F4 exam.

    ?How did you do? What came up? How did this paper compare to previous exams?

    Vote in our Instant Poll


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    nabilmuntazir
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    Was just wondering how the F4 English 2012 variant was, what topics were prominent, what kind of questions were they ?

    Thanks!


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    kevin78
    Member
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    • Replies: 5

    Hi Guys I am routing for you all I hope you did well.comparing to last year how was it ? what topics were tested?


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    kevin78
    Member
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    hey guys what came on the exam?


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    nabilmuntazir
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    how important are treasury shares and bribery for F4 June 2012 ?


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    youngtraineeaccountant
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    I thought the exam was fine, no major surprises and no really difficult areas.

    The only areas I struggled on were:

    Q1a: Importance of the hierarchy in court structure (7 marks)

    Didn’t quite get what he wanted. I talked about judicial precedent, which courts are bound/not bound, who can set precedents, stare decisis etc.

    Q2b: In relation to formation of contract, explain the meaning of a tender.

    I had no idea what “a tender” was. I have heard the word before but I cannot recall ever seeing this word in my course/revision notes. It was only worth 3 marks. I made a few points about consideration and moved on.

    Q6c: Explain a written resolution (worth 5 marks).

    This was in my notes but I hadn’t revised it properly.

    The last question, on director status and liability, I found difficult because I wasn’t sure exactly what the examiner wanted. I wrote about fraudulent and wrongful trading.

    Summary of areas covered:

    Application:
    Director status and liability
    Liquidated/penalty clauses and non-financial losses
    Defining employed/self-employed and dismissal rights

    Knowledge:
    Importance of court structure
    Define Invitation to Treat and Tender
    Ord/Pref shares and debentures
    Ltd/PLC/LLP differences
    Ord/Special and written resolutions
    Compulsory Winding-Up

    I’m missing one question out of that list that I can’t recall.

    No time pressures.


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    mattbodmin
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    Not too bad.

    Doctine of precedent
    Invitation to treat
    Shares
    Employed vs self employed
    Breach of contract
    Resolutions
    Liquidation


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    chrisbutterley
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    Think there was a negligence question too, but my memory is shot!! :}


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    miketye
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    • Topics: 3
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    Glad I wasn’t the only one who had never come across tender in my law revision!! I know in the construction industry you tender for contracts, ie say you’ll take on a contract for £x/month and then the “seller” usually receives multiple tenders and chooses from them so I just went along those lines.

    Compulsory winding up was a sod, I now realise that I focussed a bit too much on voluntary, I could have nailed it if it was one word different haha!

    The last Directors question got me a bit too, I think it was asking quite specificly about the Act which I couldn’t remember a thing about so I ended up writing a little about the veil of incorporation and fraudulent trading and a bit about executive/non-exec/shadow directors


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    pringo
    Participant
    • Topics: 1
    • Replies: 16

    Yes there was! A question on defenses in case of tort of negligence ( contributory and volenti non fit injuria).


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    chrisbutterley
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    @oltagolloshi said:
    Yes there was! A question on defenses in case of tort of negligence ( contributory and volenti non fit injuria).

    Thats the one , thanks !


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    chrisbutterley
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    @miketye said:
    Glad I wasn’t the only one who had never come across tender in my law revision!! I know in the construction industry you tender for contracts, ie say you’ll take on a contract for £x/month and then the “seller” usually receives multiple tenders and chooses from them so I just went along those lines.

    Compulsory winding up was a sod, I now realise that I focussed a bit too much on voluntary, I could have nailed it if it was one word different haha!

    The last Directors question got me a bit too, I think it was asking quite specificly about the Act which I couldn’t remember a thing about so I ended up writing a little about the veil of incorporation and fraudulent trading and a bit about executive/non-exec/shadow directors

    I had very similar problems to you with this paper, as well as private company written resolutions, I wrote mainly about the resolutions in terms on public companies.

    Found the first half of the paper ok though !


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    marta0101
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    Tenders are regarded as invitations to treat. Thats all I know.


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    vanyapetrov
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    • Replies: 4

    F4 Russia was ok.


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    princeevil
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    • Replies: 1

    F4 Global – I skipped the resolutions during study and it was tested… everything else was not bad.


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    tammi
    Participant
    • Topics: 17
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    Hi there,

    I guess the exam (F4 ENG) was OK, not really difficult, it was possible to include more difficult topics but there was not any such topic. Though I do agree with the above posts, the first question (part a) was not quite clear what answer was expected by the examiner, I tried to show the whole system of courts and also mentioned which cases could be binding according to the hierarchy of the courts.
    The last question was also unclear regarding directors, I wrote something about directors, de facto directors and shadow directors, also spoke about the liability of a disqualified director, fraudulent and wrongful trading (though noted that a question didn’t indicate whether the company went insolvent or not)
    The resolutions were tested (all kinds :D), I did not like this part. I don’t think I made an excellent answer but I think I passed this question.

    There was no treasury shares and bribery examined and don’t remember also anything regarding auditors (I was expecting questions on these areas :D)

    So hoping for the best wish you all “pass” and good luck :)

    Regards,
    Tammi


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    lou1
    Participant
    • Topics: 32
    • Replies: 23

    I was a bit thrown by the first question, wasn’t sure what they wanted and also the tenders threw me. 1st scenario question was a bit scarry and I think I got bogged down with veil of incorportation on the last question!!! Think I have missed out on loads of potential marks re the meetings and resolutions, wasn’t sure if they were talking about public or private companies and freaked a bit!!

    Employment question was nice – hard to find 5 points to say about Volenti and contributory negligence each!!!


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    livnwin
    Participant
    • Topics: 0
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    F4 RUS, surprisingly the exam seemed to be easier than all past papers.
    However, it’s better to judge based on marks gained.


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    bayigga
    Participant
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    Thanks guys (OP). I always visited the site whenever I got stuck. There are a few cases where focussing on Mike teaching made me recall in exams

    Advise on finding a way of remembering cases helped a lot.
    Managed to get cases and articles in.
    F4 Global doesnot have a lot of cases and therefore forcussed on Articles.

    The paper was manageable.

    Lets see what happens.


    Avatar of soruh
    soruh
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    • Topics: 8
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    Yeah, I was also expecting that Bribery Act would be tested but…… anyway, I hope August 8th would turn out to be a happy day for all of us.
    Good luck to all !

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