Forums › ACCA Forums › ACCA LW Corporate and Business Law Forums › *** F4 June 2012 Exam was … Comments and Instant Poll ***
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- June 18, 2012 at 5:59 pm #101144
On the (ENG) Paper Questions, 8, 9 and 10…does anyone know the conclusions??
Question 8 – I think it was about anticipatory breach, damages and liquitable damage clause. For the first part I said that Az cannot claim damages becuase he sold the ship for the same value. For the second part I mentioned penalty clause and said that the clause was invalid as it was too excessive!
Question 9- was this about redundency and unfair dismissal? were they both liable for this? Did anyone mention the self employed/employed test??
Question 10- Directors/fraudulent trading? I messed up on this one.
June 18, 2012 at 6:08 pm #101145revised like all financial crime except m.laundering and CDDA and bammmmm!!!!!
CDDA….
didnt revise insolvency……and bammmmmmmmJune 18, 2012 at 6:49 pm #101146Q8 I also think it was about anticipatory breach, damages and liquidated damages…
Q9 I talked about employee/self employed test comparing 2 workers. I think Eve was employed and she could claim redundancy payment (2 weeks per each worked year)
And the orher guy was self employed and he couldnt claim anything.Q10 I messed it up, I talked about disquaified director that he should be liable…
June 18, 2012 at 6:50 pm #101147The exam seemed pretty fair..i was definitely expecting the bribery act to come up but funny enough it didnt..i ran out of time though which doesnt seem to great..doesanyone know if the markers check answers in bullet points..or do they just give u big 0 for those lol
June 18, 2012 at 6:53 pm #101148Are self empolyed entited to notice of termination tho? or redundency?
I hated question 10!
June 18, 2012 at 10:21 pm #101149AnonymousInactive- Topics: 0
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This exam was doable while at the same time challenging. It was an excellent balance not too easy and not too hard. I really appreciate that the scenarios were to the point and didn’t waste your exam time reading it.
June 18, 2012 at 10:54 pm #101150Q8 in global variant;scenerio on damages and mitigation of loss, is ship building and manufacturing and selling it included in the scope of UNCISG Convention
June 19, 2012 at 7:42 am #101151AnonymousInactive- Topics: 0
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Hi! i also did global variant and had problems with question 8 – i believe that selling ships, vessels and aircraft and similar goods (under Article 2) in not included in scope of UNCISG, however, as question was structured it seemed like it is…i am still confused about this one
June 19, 2012 at 9:03 am #101152It seems that you are right. Shit! I treated that like selling goods.
June 19, 2012 at 11:20 am #101153Thought the exam was pretty standard and what I expected.
Thought it was very unfair the question on “tender”. The open tuition course notes didn’t refer to this, neither did the Kaplan book I’m studying from. Is this allowed ? I’m sure one book may refer to it from one of the providers, but is it right to include a question that isn’t covered by all and you’re discriminated against for not using a particular book.
I know it was only for a few marks, but what happens to any unlucky person who fails due to those few marks.
June 19, 2012 at 8:24 pm #101154June 2012 questions are published.
June 19, 2012 at 8:34 pm #101155ACCA: “JUNE 2012 EXAM RESULTS We will release the June 2012 exam results electronically by email, SMS and make available to view online from 8 August 2012. Paper results will follow one week later from 15 August 2012 for those students who have requested to receive paper copies.”
June 19, 2012 at 11:34 pm #101156F4 – There were a few question which kept me on repeating myself especially in area of fraudulent trading. Quoted Guilford Motor v Horne at least a couple of time in that area and compulsory winding up (why?). left contributory negligence out as I was hesitating; I would have scored it if I had gone for it!
Overall I I thought I did OK in that exam, but looking through notes and book, I know I could have done much better.. c’est la vie..
June 19, 2012 at 11:36 pm #101157@dparker02880 said:
Thought the exam was pretty standard and what I expected.Thought it was very unfair the question on “tender”. The open tuition course notes didn’t refer to this, neither did the Kaplan book I’m studying from. Is this allowed ? I’m sure one book may refer to it from one of the providers, but is it right to include a question that isn’t covered by all and you’re discriminated against for not using a particular book.
I know it was only for a few marks, but what happens to any unlucky person who fails due to those few marks.
– There a note a little bit on tender in Kaplan’s – invitation to treat – invitation to tender, auction, advertisement etc –
June 20, 2012 at 3:33 pm #101158The exam on the whole was reasonable and not very unpredictable.
My weakest area was the unfair dismissal question and i would have liked to see a question on treasury shares in its place.
June 21, 2012 at 11:30 am #101159the F4 ENG exams was ok ingeneral i attempted all the questions
June 21, 2012 at 1:13 pm #101160AnonymousInactive- Topics: 0
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Q8b. Is it Liquidated damages or Penalty Clause?. Liquidated damages is said to be a calculated formula while penalty clause is an amount payable upon breach.
Didn’t q8b give us a formula, eg. 20% x 25mil. Someone please respond as I thought it was Liquidated damages.June 21, 2012 at 5:28 pm #101161AnonymousInactive- Topics: 0
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Q8 a, did anyone notice that this was a contract to “rebuild” a ship, not build a new one… I know it’s not David Kelly’s style to throw in trick questions, but this started me thinking about the ownership of the boat, and if AZ Ltd actually had the right to sell the ship. Especially when the question said this “Az Ltd operates a shipbuilding business, which specialises in constructing and modifying ships to order”.
Maybe I’m just over analysing it?
June 22, 2012 at 4:46 pm #101162Think ur overanalysing it.. I hope anyway!
That question was definitely about breach of contract and liquidated damages…etc
I can’t think of anything else it could be.
June 26, 2012 at 9:52 am #101163I found Q10 the hardest as I talked about money laundering. rather than fraudulent trading, saying that the accountant had failed to report under POCA 02 etc and that the disqualified director was doing money laundering as he was already disqual so by making a new co and then getting his 2 sons to run it was concealing etc………
I am hoping for the best!! 51 % will do 🙂
July 17, 2012 at 12:28 am #101164This is what happened: One reading of the book and two revisions of the Open Tuition and guess what? I am expecting over 75% ; Yesssssssssssssssssssss.
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