LWJune 10 Exams POLL Paper F4 was Post your comments here

thanks for OP's resources!!!!!

F4 (ENG) Notes r okie. but I left to study Registration Documents under PLC which is easy note one! oh god! ... scenario r hard this time! theory Qs r all simple this time! anyway wish to get 50%. like i wished for F6! F4 Q is better than F6!

Questions were okay... Only didn't revise for secretaries duties under Corp gov n shares allotment.damn!

Hope for 50%+++..fingers
cross!xxxxx

relatively easy than past papers..
i think the examiner want more student to give ENG variant :P

I thought it was quite easy overall, with a couple tricky concepts;

Not 100% sure what Q10 was getting at. Directors duties and liabilities I think? Was Harry's deal in the best ineterests of the company? I think he accepted that £50,000 in breach of his duty.

And Q9. The Partner who took out £10,000 for non business purposes. I got in a real mess with that, not sure if it was ultra vires of within implied authority. Certainly wasn't express (not in the PA) or apparent authority (not held out).

Took Q10 as directors liability too, not too sure abt the scenario qstns..

@qallaghd
I think it was about director's duty and amendment in the best interest of company or probally some sort of lifting the veil.
By the way the questions were very easy even though i was not prepared but done quiet well enough to hope to get the 50 marks.

Q10, wrote about directors duties, share issue for a majority etc. That was probaly the hardest question. I drafted between points I think. Thought the paper was ok, easier then past papers. Should get 50 I hope.

Q9, said the 10k was equal libility amoung the partners as the question didn't state wheather a partner was allowed to withdraw money for that particular purpose or not.

Q8, was this about consideration?

i messed up my paper ..left question 3 of tort and question 10............hopeless.:(

Paper was okay ! Opentuition didnt provide notes or lecture videos regarding partnership law question 9 & question 7 regarding employment law...

1 2 3 5 was easy ... rest was shaky !

yeah paper was very much interesting except scenarios.......scenarios suxxxxssss even i was not getting Q8 that from which topic it is i was confused between consideration and part payment problem but at last i chose that it wud be consideration i dun know i got it rite or not........hope 4 the best n wish u all the best guyezzzzzzzzzzz

paper ws easy nt sure abt 9 n 10
q 1 ws full rute learning it wasted my 35 mins so dont hav much time for q 9
hope will get 50+ this time
plzzz pray
all d best to all of u
meet u on 23rd

First of all heartiest congratulations to OT.
Next the exam was a mix version of easier plus bit trickier, especially it tested our nerves :)

well hope the OT will prepare some videos in dealing with scenarios.

Thank you so much.

Q10 I thought was about breach of fiduciary duty (accepting the £50k and also not acting in the best interests of the company). Did anyone mention Pre-emption for the share issue, or removal of director by special resolution?
Q8 - I had the person who demanded more money as anticipatory breach; the money paid as possible acceptance of revised contract (with mention that one month may not have been sufficient to appoint alternate contractor hence also possible unequal bargaining power?); the person who didn't demand the extra but was promised - straightforward past consideration not good consideration? Pls tell me if this is wrong!

Q's 1-7 were fine, scenarios weren't great but I'm 95% sure I've got the 50 marks overall. 2 down, 2 to go!

In regard of q8 in was to do with performance of existing duties: if a person ask for extra payment to finish the job in time, normally the person requesting the extra cash is not entitled to get it because he/she is only performing what is supposed to do. The other person is not binding from the request because has not received any benefit from it: i for example someone says i will pay you more, for example $1000 dollars the promise will not be binding unless the person offering the extra money receives a benefit, for example the avoidance of a penalty clause.Anyway can you help me it seems I cannot remember one of the question>
q1 system of civil court
q2 offer, counter offer, unilateral contract
q3 Document to be delivered for plc
q4 explain duty of care
q5 secretary
q6 debentures, floating charge, fix charged
Q7?
q8 scenario
q9 partnership
q10 directors

Was 8 the question explaining the difference between employed and self-employed?

Yes it is thanks for your answer I though I left one question blank

I mentioned the pre-emption right in Q10. I also mentioned removal of director. Scary exam, i am glad its over just wan to know how i did!!

Does anyone know if you can get marked down for getting things wrong?

had to rush through 8, 9 and 10...poor time management :(
was the tort question on professional negligence?

Q8, I said one person was entitled to the extra 1k as both parties received a benefit (job was to finish on time), & the other peoson didn't have any rights to the 1k

I thought both were not entitled to extra as they provided no consideration for extra and it was their existing contractual obligation to finish on time..?

I am glad someone else mentioned pre-emption and director removal as I wasn;t sure if I was correct! Also worried about getting marked down! Couldn't remember What a Unilateral Contract is and guessed and got it completely wrong!

I mentioned director removal in Q10 too, by special notice and ordinary resolution, but as the meeting had already been called I didn't know whether there enough time to propose this resolution.

And Q9 I totally messed up. I think it was a trick question :S. I wrote about LLPs and LPs because it mentioned one of the Partners liability was limited to his £100,000...but now I think about it, maybe the Q. was about unlimited Partnerships afterall.

q10 for me was confusing cdnt attempt the whole was outa to time ddint completed tho i ddint even knew whole of it :P
rest went ok..
thnx to the tips from OT many questions came exactly as it was given :)

exam tips given in this site was useful...kinda managed to answer all..keeping my fingers crossed...

Q9 I thought was about Limited Partnerships (Liability limited to capital contribution; cannot take part in management), but also implied authority and liability of Partners. Think I put that The £10k overdraft may be ok as per implied authority re the bank, and that the partners may be liable, but there may be an action against the borrower. For the £25k, I had that the value may extend beyond implied authority, but also that the acquisition of book's didn't fit with the substratum of the company, hence contract may not be upheld and partner personally liable (that may be completely wrong!)

the paper was very easy and i hope to get very good marks in this paper:p hurraah
in Q : 8 the following scenerio is based on
1. stilk vs myric
2. hartley vs pansonby
3. william vs raffey bros


Q:9 was of partnership as far as i am concern it was just a general question and i only write one case name in it thats mercentile vs creddit co

q10: it was very easy and only the case IDC vs cOOley lie in it... how ever thanx oppen tuition their guess were awsom. approx 50% has cum from them :p

thnks OP!!!
the lecturer fr F4 on OP is one the best!!

AHHHHHHHHHHHHHHHH! I LOVED THAT EXAM!!!!! LOVED LOVED LOVED IT!!!!!!! Twas MUCH better than the mess that was Tax yesterday!

For the answer to Q9, check number 51 in the Revision Kit - Ham, Sam and Tam. It was more or less the same concepts..

For number 8 there WAS anticipatory breach, but he took advantage of the situation.. I completely forgot the case for that .. There was one!

Goodluck to everyone!