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F4 GLO – answers

Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › F4 GLO – answers

  • This topic has 0 replies, 1 voice, and was last updated 14 years ago by dianaa.
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  • December 8, 2010 at 10:14 pm #46794
    dianaa
    Member
    • Topics: 1
    • Replies: 8
    • ☆

    how did you answer to scenarios?my answers was as following:

    8.it was about breaching a contract because of lacking quality ..
    there were 2 buyers: the seller is liable to one on of them , but not to the other one Chi.
    Chi made a supposition that the goods conform and he was wrong….
    conclusion seller has to pay some damages etc

    9.dividends: the distribution was not legal…the shareholders are liable in relation to the amount that they were not to distribute…also a fine(i am not sure)

    10.partnership:
    the 3 partners have to:
    1. to realize the assets (20 000)
    2.they have to pay outsiders firstly (7000)
    3.after that, pay partners debts(3000)

    =>difference 20 000 – 10 000 has to be distributed between partners according to they contribution
    4.the initial capital to be paid according to contribution

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