2011 F4 opentuition Exam tips?

kaplan 2011 mock

QUESTION 1
Explain briefly:
(a) the doctrine of judicial precedent; and
(b) the circumstances when a precedent will not be binding.
QUESTION 2
Explain the remedies available for breach of contract.
(10 marks)
QUESTION 3
(a) What is a company’s share capital?
(b) Explain the meaning of the following:
(i) issued capital;
(ii) paid up capital
QUESTION 4
(a) Distinguish between executory, executed and past consideration. (5 marks)
(b) Explain the principle that performance of an existing duty is not sufficient to amount
to consideration.
QUESTION 5
(a) Explain the meaning of corporate governance and what it covers in relation to
companies.
(b) Explain the meaning of ‘a principles–based approach’ to corporate governance and
the advantages and disadvantages of such an approach as opposed to a rules-based
approach.
QUESTION 6
(a) Describe the circumstances in which a partnership may be dissolved.
(b) Briefly summarise the differences between a partnership governed by the Partnership
Act 1890 and a Limited Liability Partnership (LLP).

QUESTION 7
(a) Explain what is meant by the following in company law:
(i) a promoter;
(ii) a pre-incorporation contract.
(b) What is the liability of a promoter on a pre-incorporation contract?

Its in the tip, so it’s probably not going to comeup! Only kidding 🙂