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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › General Queries from OT Test F4 English
Hi Mike
Again attempting the OT test for F4 English…
1. Under the Bribery Act 2010, which of the following is not an offence?
– as an English person living abroad, accepting a bribe from a businessman of overseas origin
– paying a bribe to secure business in a country where the giving of presents is an accepted element of being successful in business
– as an English person in England, receiving a bribe from an overseas foreign visitor
– receiving the offer of a bribe from a foreign public official
I put the second option, since I thought that if it is an accepted element, it probably isn’t an offence. The answer is the last one, but I thought that receiving or accepting the offer of a bribe constituted an offence
2. Which of the following is NOT seen as an advantage of carrying on business in the form of a limited company?
– ability to be sued in its own name
– perpetual succession
– avoidance of personal liability as a director of a company involved in fraudulent trading
– raising finance
I put down the first option, since I thought that a company cannot be sued in its own name in the first place. The answer is the third option although I am not sure why!
Thanks again!
Receiving or paying a bribe is an offense. Receiving the offer of a bribe ….. how do you stop someone from OFFERING you a bribe?
A company can sue in its own name whereas a partnership can’t. But a director of a company is not protected from liability in the event of being guilty of fraudulent trading
