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November 17, 2010 at 8:18 pm #46062avinashbhatia
- Topics: 2
- Replies: 8
1 Interpretation of statute
2 either rules relating to acceptance of offer (16) or question on terms (25)
3 either agency (49) or partnership (50) or (55)
4 veil of incorporation (57)
5 directors (87) (96)
6 auditors (89)
7 employment (41 – 48)
8 typical question 8
9 types of investment (69)
10 liquidation (95)
• Nature and relative status of the various sources of law.
• Relationship between courts and tribunals.
• The separation of powers.
• Acceptance, rejection and revocation.
• Remoteness of damages and defences in negligence claims.
• Partnership organisation or liability of business partners.
• Corporate finance – capital maintenance and reduction, or dividend payments.
• Directors’ authority and duties, or meetings and resolutions.
• Employment law – redundancy, unfair dismissal or employment tribunals.
• Operation of judicial precedent./ratio decidendi obiterdicta
• Implied legal intention in contract formation.
• Tort of negligence – breach of duty of care.
• Breach of contract and remedies.
• Directors’ duties.
• Insider dealing.
• Delegated legislation.
• Remedies for breach.
• Economic loss.
• Supreme Court.
• Promoters and pre-incorporation.
• Insider dealing.
Sources of law
Offer and Acceptance
The law of torts
Corporations and separate legal personality
Company meetings and resolutions
• 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 nature and relative status of the various
sources of law within the English legal system; and at the relationship between
courts and tribunals; or the principle of the separation of powers in
constitutional law and theory.
• 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 –
acceptance, rejection and revocation, and privity and intention are
possibilities for this sitting.
The nature and remedies for breach, including conditions, warranties and the
measure of damages, are also key areas, and highly examinable.
• 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 an essay question on this area at every sitting since then. Look particularly at the
remoteness of damage and at defences in negligence claims for this
• 4 Questions 4, 5 and 6 are usually essay questions 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 distinctions
the rules on capital maintenance and reduction; and at the rules relating to
• 6 Corporate management and governance are central to the syllabus. Be ready
to explain and apply the rules relating to directors’ authority and duties and
the requirements of good corporate governance. Meetings and resolutions
should also be considered.
• 7 There is frequently a question about employment law, either an essay or a
problem question. Look particularly at employees’ rights should they be unfairly
dismissed, and in relation to redundancy, and at the role of the Employment
DONT FORGET TO SAY THANKS 🙂
AVINASH BHATIANovember 18, 2010 at 9:59 am #70956student_110
- Topics: 3
- Replies: 44
thanks a lot dear
so nice of uDecember 6, 2010 at 7:26 pm #70958Anonymous
- Topics: 0
- Replies: 1
how much the guess for last session was accurate.
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