F4(ENG) Exam tips for june 2011 [BPP, KAPLAN,ATC,First Instituition]

ATC F4 (ENG) Exam Tips

• 1 Question 1 of the paper is always based on the nature of law, its creation,
interpretation and enforcement within the English Legal System. A likely area
for examination at this sitting is the interpretation of the law – case law
and/or statute – within the English legal system; or the relationship between
courts and tribunals.
• 2 You can expect at least two questions on contract law, including one problem.
Be ready to answer a question about aspects of the creation of contracts –
invitation, offer and acceptance and consideration are regularly tested – offer,
acceptance, rejection and revocationconsideration and privity are
possibilities for this sitting.
The nature and remedies for breach, including conditions, warranties and the
remoteness of damage, are always key areas, and highly examinable.
Exam Tips – June 2011 Session
• 3 The torts of negligence and passing off were introduced into the syllabus as
topics in their own right from the December 2007 sitting. There has been a
knowledge-based question on this area at every sitting since then. Look
particularly at the role of professionals and the concept of contributory
negligence for this sitting.
• 4 Questions 4, 5 and 6 are usually about business organisations. There may be
a question on partnership law. Be aware of the different forms of
partnership organisation, and the liability of business partners for
business debts and obligations
Also look at the separate legal personality, and the matters to be considered
by the company promoters.
• 5 Corporate finance is always important: look particularly at the nature of
shares and debentures.
• 6 Corporate management and governance are central to the syllabus. Be
ready to explain and apply the rules relating to appointment removal and
duties of directors or auditors. Meetings and resolutions should also be
considered.
• 7 There is frequently a question about employment law, either knowledge or
problem based. Look particularly at ’contracts of service’ and ‘contracts for
services’, and at the role of the Employment Tribunal.
• 8 Questions 8, 9 and 10 are always problem-based, requiring you to analyse a
scenario and often to advise the parties. Question 8 is likely to be about
contract law (see tip (2) above).
• 9 Insolvency proceedings and the rights of creditors could form the basis of
a knowledge or problem-based question.
• 10 Business mismanagement and fraudulent activity is another very topical
subject. Consider market abuse, fraudulent and wrongful trading and their
consequences.

BPP F4 (ENG) Exam tips

Q1 – Operation of judicial precedent OR statutory interpretation
Q2 – Formation of a contract
Q3 – Tort of negligence
Q6 – Directors’ duties
Q7 – Employment law, the employment contract / relationship

Other likely topics – breach of contract and remedies, binding power of the Articles of Association, company insolvency and Insider Dealing.

KAPLAN F4(ENG) Exam Tips

• English legal system: tribunals, Supreme Court.
• Contract law: termination of offer.
• Tort.
• Employment law: remedies.
• Company law: articles of association, issue of shares at a discount/premium.
• Fraudulent behaviour: insider dealing.

First Institution F4 (ENG) Exam Tips

Sources of law
Offer and Acceptance
Contract terms
The law of torts
Employment law
Partnerships
Corporations and separate legal personality
Directors
Company meetings and resolutions
Fraudulent behaviou