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Because, if all that you are doing is because it’s required to be done by the law, what are you giving of value that could be classed as consideration?
It’s a bit like saying “I’m breathing, so that’s consideration that I’m giving for a contract” (not a great example, but hopefully you see the point)
2. It can’t be less than 2 – you can’t have a partnership on your own. And with specific exceptions (eg accountants and lawyers) the maximum number of partners in a firm is 20
Ok?
Sir I have question .p dilivers exclusive hand bags to A,her agent,with instructions that they are not to be sold for less than £5000 each. A sells a hand bag to B for£5000. B, believing that she has obtained a bargain, gives A a gift of £200. What duty, if any, has a breached? Options are* the duty to avoid a secret profit * the duty to act reasonably* the duty not to harm P’s interest* none of the above. Sir which one correct answer and why ?
HI yazzdan
Cong on passing F4.I need your helping about F4 exam .Is it suitable to take CBE for F4. How much fee for F4
Regards
MuhammadFatama, you have the answer in front of you! This takes on the appearance of you testing me!
I imagine the answer is “a” a duty not to make a secret profit
Muhammad, this page is called “Ask the Tutor” and I’m not sure that Yazzdan qualifies to hold that title!
What do you mean “Is it suitable to take CBE for F4”?
The fee for F4 you can find for yourself from the ACCA website
😀
I somewhat regret opting to receive e-mail notifications for forum replies now!
Regards,
Yazzdan.Dear sir,
I don’t think I agree with you on your answer for question e
“In answer to your question “Is it possible to hold an AGM of a public company with only 2 days’ notice?” Yes, IT IS possible to hold AGM of public company with only 2 days’ notice provided short notice has been approved by holders of 95% (not 100%) of votes”
As far as I understand from reading book, the rules is like this:
++ Short notice for AGM: 100% member of plc must consent
++Short notice for OTHER general meeting:
– public company: 95%
– private company: 90%So in this question, to hold an AGM of public company in 2 days notice, 100% of members must approved.
What do you think?
Im also taking f4 next week so hopefully I could get these small details cleared up. Thank you so much!!!
Hi Ruby
Thanks for your post and I agree with you BUT!!!
The rule used to be 100% consent to short notice but I believe the companies act 2010 reduced it to 95%
I’m pretty sure about this because I checked it out on the Internet at the time I was replying to question e)
But I’m going to check it again now and I suggest you do the same. Maybe we’ll communicate later 🙂
I’ve been reading BPP text book only, the latest version, and I could send you a snapshot of the page, because I did take notes about this detail. But I’m not sure if it is correct because bpp book sometimes does contain mistakes (I personally found out while reading other papers as well)
oh my god I’m so confused!!!I’ve just put into the search engine “AGM short notice” and the Company Law Club appears to confirm my 95%!
Let me know if you still disagree
Sir i fail paperbased in malaysian law.i decided to do f4english.i want to sit end of march.is it possible to recover everythig within 1month!whetever malysian law is not similar uk.i have to pass as soon as.could u guid me pls how to study properly! Thank you.
Sir i fail f4 paperbased in december.i attend malaysian law.now i decided to do f4uk within one month.i start to study now.i copy only opentution notes n bpp books n revision kit.is it ok!i m depress to fail all subject.i want to pass as soon as atleast one sub.thankyou sir
The course notes and the revision exams are all still relevant.
What is imperative is that you practice endlessly the mcqs from this site and from the revision kit – and I mean endlessly!
@mikelittle said:
I’ve just put into the search engine “AGM short notice” and the Company Law Club appears to confirm my 95%!Let me know if you still disagree
Sir, I am still confused because I practiced the MCQs on this website yesterday and I got the same question on how many % member need to consent for short notice of AGM. I still chose 100% instead of 95%, and my answer happened to be correct!
I know! That’s the reason why I checked it the first time I saw the question (and the answer)
You have to accept that even the platinum approved publishers make mistakes! From memory I seem to think that there are at least 5 wrong answers in Kaplan (I cannot comment about BPP and Becker)
But why not check, as I did, with the internet – try the Company Law Club by putting in AGM short notice and see what that says!
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