Hi, first of all apologies for the number of questions below but any help would be appreciated for the answers:
1) Which of the below statements is correct regarding criminal offence?
- guilt may be decided by a jury?
- if he is found liable a prison sentence may follow?
2) Which are the below statements is correct regarding court approval for share reduction?
- reducing liability on partly paid shares in public companies require court approval
- creditor must always be invite to state objections
3) Which two of the below statements are correct?
- Obiter dicta statement may be of persuasive authority
- Decisions are always binding on lower courts
- Ratio decidendi of case sets the precedent
- For precedent to be binding, decision must be based on fact
4) Acceptance of offer:
- Does contract exist after offer has been accepted?
- Can acceptance be informed from conduct of parties?
Thanks