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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › question

  • This topic has 3 replies, 2 voices, and was last updated 1 year ago by MikeLittle.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • January 13, 2022 at 10:24 am #645833
    Jack.1999
    Member
    • Topics: 8
    • Replies: 4
    • ☆

    Anna, Brett, Clide, and Donald are the employees of the XYZ company

    Anna and Brett are married couples and Clide and Donald are the employees in the company XYZ. Anna wants to undertake a contract through another company which he hid from the XYZ company. Both Anna and Brett are involved in this while Clide knows about this.

    Who party is responsible for disclosing the contract to the XYZ company?

    Could you tell me who is responsible for the disclosure of the contract to the XYZ company? This is the question I got in the exam and I was confused

    January 13, 2022 at 10:32 am #645838
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    I don’t understand the question. Say I were an employee of OpenTuition (I’m not!) and I wanted to enter into a contemporaneous contract with another similar organisation, what makes you think I have any duty to tell OpenTuition of this secondary contract?

    I’m confused

    January 13, 2022 at 10:58 am #645843
    Jack.1999
    Member
    • Topics: 8
    • Replies: 4
    • ☆

    That is not what I meant.

    XYZ company wants to do a contract from ABC company for the lawnmower service. Brett has been a major business partner in ABC company. Since Anna and Brett have been married for 10 years now and Clide also knows about this partnership.

    Who is responsible to disclose it to the XYZ company about the business interest of Brett in ABC company?

    Options:
    1) Anna and Brett
    2) Anna, Brett and Clide
    3) Anna only
    4) Brett only

    January 13, 2022 at 11:49 am #645857
    MikeLittle
    Keymaster
    • Topics: 26
    • Replies: 22702
    • ☆☆☆☆☆

    I’m sorry Jack.. It’s probably me being stupid 🙁

    What makes you think that an employee of a company (XYZ) should make any disclosure to that company (XYZ) of any dealings with anybody else (including ABC)

    And where does Donald fit into all this?

    I fear that you’ve missed out some VITAL piece of information that would make some sense of the question because, in its current form, I would have to say “None of them” … but that isn’t an option

    Think again about the PRECISE wording of the question (I’m really sorry to do this to you and I really do want to help, but I’ve not got full information)

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